Canara Bank, public sector lender has bagged Special Award for the Best Financial Institution - Gold instituted by the Federation of Karnataka Chamber of Commerce and Industry (FKCCI). Chairman of the bank has formally received the award.
On the consolidated basis, Canara Bank has reported a fall of 17.17% in its net profit to Rs 3341.69 crore for the full year ended March 31, 2012 as compared to a net profit of Rs 4034.19 crore in the previous fiscal. However, the consolidated total income during FY12 jumped 31.30% to Rs 33920.15 crore from Rs 25834.14 crore in FY'11.
