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Canara Bank unveils CASA Carnival: Report

22 Oct 2013 Evaluate

Canara Bank, a leading nationalized bank, has reportedly unveiled a CASA Carnival on October 19, 2013 in all its branches in Pune and in 14 districts of Maharashtra, to mobilize Savings and Current Accounts through door-to-door and shop-to-shop campaign. The bank has targeted 10,000 saving accounts and 500 Current Accounts during this fortnight long CASA Carnival.

On standalone basis, the bank has posted a rise of 2.17% in its net profit at Rs 792.07 crore for the quarter ended June 30, 2013 as compared to Rs 775.24 crore for the same quarter in the previous year. Total income has increased by 14.65% at Rs 10507.88 crore for quarter under review as compared to Rs 9165.47 crore for the quarter ended June 30, 2012.

Peers
Company Name CMP
State Bank Of India 997.00
PNB 116.65
Bank Of Baroda 237.80
Canara Bank 123.90
Union Bank Of India 178.00
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