ALPHA TRIBE

Canara BankBoard Meeting, 08-05-2025: Outcome of Board Meeting

08-05-2025 | 01:19 pm

Canara Bank has announced a board meeting on to approve the financial results for the quarter and half-year. Consolidated figures show strong performance with total income of ₹1,52,657.89 crore and net profit after tax of ₹17,539.62 crore for the year. Net interest income rose, backed by steady advances and deposit growth. Asset quality improved with the Gross NPA ratio easing to 2.94%, and capital adequacy remains robust at 16.39%. The Board has proposed a ₹4 per share dividend (200% on ₹2 face value), pending shareholder approval.

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