Canara Bank has reported results for first quarter ended June 30, 2020.
The bank has reported 23.45% rise in its net profit of Rs 406.24 crore for the quarter under review as against net profit of Rs 329.07 crore for the same quarter in the previous year. Total income of the bank increased 47.10% at Rs 20685.91 crore for Q1FY21 as compared Rs 14062.39 crore for the corresponding quarter previous year.
Canara Bank is an Indian state-owned bank headquartered in Bangalore, in Karnataka. It was established at Mangalore in 1906, making it one of the oldest banks in the country.
