Canara Bank has achieved a milestone of crossing the Total Global Business of Rs 20,00,000 crore as on December 22, 2022. (Subject to review/ audit by the Statutory Central Auditors)
Earlier, on the consolidated basis, the bank had reported over 2-fold jump in its net profit at Rs 2,593.49 crore for the quarter under review as compared to Rs 1,100.59 crore for the same quarter in the previous year. Total income of the bank increased by 14.59% to Rs 27,358.37 crore for the quarter under review as compared to Rs 23,876.00 crore for the same quarter in the 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.
