Canara Bank has reported results for second quarter ended September 30, 2015.
The bank has reported 15.63% fall in its net profit at Rs 528.86 crore for the quarter as compared to Rs 626.84 crore for the same quarter in the previous year. However, total income of the bank has increased by 4.72% at Rs 12477.95 crore for quarter under review as compared to Rs 11915.21 crore for the quarter ended September 30, 2014.
The bank’s gross NPA for the July - September quarter of the current fiscal increased to 4.27%, as compared to 2.92% in the same quarter of the previous year. Besides, bank’s Net NPA stood at 2.90% in Q2FY16.
