Canara Bank
Canara Bank's Q3 net profit jumps by 12.25 percent
Canara Bank on Monday reported its year-on-year growth of 12.25 percent in net profit for the third quarter ended December 31, 2024.
It stood at Rs. 4,104 crore.
The bank's Operating Profit stood at Rs. 7,837, marking a rise of 15.15 percent.
The domestic deposit of the bank witnessed a spike of 7.76% y.o.y, standing at Rs. 12,57,426 crore.
The Bank has achieved Targets in Priority Sector at 44.33% and Agricultural Credit at 21.04% of ANBC as at December 2024, as against the norm of 40% and 18% respectively.
As on 31.12.2024, the Bank has 9816 Number of Branches, out of which 3129 are Rural,2887 Semi Urban,1938 Urban & 1862 Metro along with 9715 ATMs. Bank is also having 4 Overseas Branches in London, New York, Dubai & IBU Gift City.
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