Canara Bank, a leading nationalized bank, has opened the circle office at Varanasi in Uttar Pradesh (UP). Through this circle office, the bank is planning to provide better customer service in 60 of its branches spread over 24 districts of eastern UP.
Canara Bank has posted a fall of 15.79% in its net profit at Rs 610.83 crore for the quarter ended March 31, 2014, as compared to Rs 725.38 crore for the same quarter in the previous year. However, total income of the bank has increased by 22.57% at Rs 11609.72 crore for quarter under review as compared to Rs 9471.57 crore for the quarter ended March 31, 2013.
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