Canara Bank Q4 profit rises 18% YoY to ₹3,757 crore, asset quality improves
Wed, May 8, 2024 2:13 PM

Canara Bank Q4 profit rises 18% YoY to ₹3,757 crore, asset quality improves

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Private sector lender Canara Bank on Wednesday reported its March 2024 quarter net profit at ₹3,757 crore, up 18% year-on-year (YoY). The figure was in line with CNBC-TV18's estimate of ₹3,753.6 crore. The same was ₹3,174.7 crore in the same quarter last year. The bank's net interest income (NII), the difference between interest earned and interest expended, grew 11% YoY to ₹9,580 crore.

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