Canara Bank has reported results for the fourth quarter and year ended March 31, 2019.
The Bank has reported a net loss of Rs 551.53 crore for the quarter ended March 31, 2019 against net loss of Rs 4859.77 crore for the same quarter in the previous year. However, total income of the bank increased by 21.16% at Rs 14000.43 crore for quarter under review as compared to Rs 11555.11 crore for the quarter ended March 31, 2018.
For the year ended March 31, 2019, the Bank has posted a net profit of Rs 347.02 crore against net loss of Rs 4222.24 crore for the previous year. Total income of bank increased by 10.77% at Rs 53385.30 crore for year under review as compared to Rs 48194.94 crore for year ended March 31, 2018.
