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Canara Bank reports 6.80% jump in Q1 net

24 Jul 2012 Evaluate

Canara Bank has reported results for first quarter ended June 30, 2012.

On standalone basis, the bank has posted a rise of 6.80% in its net profit at Rs 775.24 crore for the quarter ended June 30, 2012 as compared to Rs 725.85 crore for the same quarter in the previous year. Total income has increased by 18.91% at Rs 9165.47 crore for quarter under review as compared to Rs 7707.59 crore for the quarter ended June 30, 2011.

Gross non-performing assets (NPAs) improved to 1.98% in the April-June quarter as against 1.69% in the same quarter previous year while net NPAs increased to 1.66%.

Canara Bank Share Price

142.35 1.30 (0.92%)
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Company Name CMP
SBI 1080.35
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