Canara Bank has reportedly opened seven more new branches in West Bengal on November 19, 2013. Besides, as part of its financial inclusion programme the bank has also brought Uttar Rajapur village in South 24 Parganas district under the ‘Canara Gramodaya Village Adoption Scheme’.
The bank has reported a fall of 5.29% in its net profit at Rs 625.94 crore for the quarter ended September 30, 2013 as compared to Rs 660.97 crore for the same quarter in the previous year. However, total income of the bank increased by 13.29% at Rs 10427.48 crore for quarter under review as compared to Rs 9203.61 crore for the quarter ended September 30, 2012.
Gross non-performing assets (NPAs) increased to 2.64% in the July-September quarter as against 2.58% in the same quarter previous year, while net NPAs has increased to 2.30%.
The bank has reported a fall of 5.29% in its net profit at Rs 625.94 crore for the quarter ended September 30, 2013 as compared to Rs 660.97 crore for the same quarter in the previous year. However, total income of the bank increased by 13.29% at Rs 10427.48 crore for quarter under review as compared to Rs 9203.61 crore for the quarter ended September 30, 2012.
Gross non-performing assets (NPAs) increased to 2.64% in the July-September quarter as against 2.58% in the same quarter previous year, while net NPAs has increased to 2.30%.
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