Canara Bank’s Q1 results are in and we’re thrilled to announce a 75% surge in profit to Rs 3,535 crore! Our Net Interest Margin (NIM) also stands strong at 3.05%.
The financial results reported by Canara Bank for the June quarter indicate a robust performance with significant growth in net profit and net interest income. Here are the key highlights: The positive financial results demonstrate Canara Bank’s improved performance during the June quarter, contributing to higher profitability and a positive outlook.
Read MoreBreaking news! IDBI Bank’s Q1 net profit has surged by 62%, leading to a significant boost in its stock value.Our commitment to delivering exceptional financial services continues to yield positive results.
The 2% rise in shares indicates a positive market response to the 62% increase in consolidated profit for the quarter ended June 2023. The reported net profit of Rs 1224 crore in Q1 is a substantial improvement compared to the Rs 756 crore profit in the same period of the previous fiscal year. This growth […]
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