On a consolidated foundation, the web revenue rose to Rs 3,232.84 crore for the quarter ended March, up from Rs 1,969.04 crore within the corresponding interval of earlier fiscal.
Canara Bank says there was a 90.63 per cent progress within the standalone revenue after tax for the yr ended March 31, 2023, at Rs 3,174.74 crore in contrast to Rs 1,666.22 crore in 2021-22
State-owned Canara Bank on Monday reported a close to doubling of internet revenue on a standalone foundation to Rs 3,174.74 crore for the quarter ended March 2023 on the again of upper curiosity revenue. The financial institution’s revenue within the January-March quarter of 2021-22 was Rs 1,666.22 crore.
In a submitting to inventory exchanges, Canara Bank stated there was a 90.63 per cent progress within the standalone revenue after tax for the yr ended March 31, 2023, at Rs 3,174.74 crore in contrast to Rs 1,666.22 crore in 2021-22. The internet curiosity revenue (NII) for the quarter ended March 31, 2023 grew by 23.01 per cent.
On a consolidated foundation, the web revenue rose to Rs 3,232.84 crore for the quarter ended March, up from Rs 1,969.04 crore within the corresponding interval of earlier fiscal.
The lender additionally stated for the yr led to March 2023, the standalone revenue rose to Rs 10,603.76 crore, from Rs 5,678.42 crore.
On a consolidated foundation, revenue for the yr led to March 2023, rose from Rs 5,795.10 crore to Rs 10,807.80 crore in 2022-23.
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(This story has not been edited by News18 employees and is printed from a syndicated information company feed)
