Canara Bank — Investor Meet, 30-10-2024: Analysts/Institutional Investor Meet/Con. Call Updates
30-10-2024 · 06:47 pm
Canara Bank's Q2 FY2024-25 Earnings Call highlighted strong growth, with a global business increase of 9.42%, leading to a net profit of ₹4,014 crores—up 11.31% year-on-year. Key metrics included a Gross NPA of 3.73% and Net NPA below 1%. Retail credit grew notably, especially in gold loans. The bank anticipates maintaining a credit growth of around 11% for the year. The earnings transcript is available on their website for detailed insights.
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