Canara Bank — Updates, 24-07-2025: Press Release
24-07-2025 | 01:22 pm
24-07-2025 | 01:22 pm
Canara Bank delivered strong financial results for the quarter. Global Business grew 10.98% to ₹25,63,984 Cr, with Gross Advances up 12.42% to ₹10,96,329 Cr and Deposits up 9.92%. Net Profit surged 21.69% to ₹4,752 Cr. Asset quality improved significantly, with Gross NPA ratio at 2.69% and Net NPA ratio at 0.63%. Provision Coverage Ratio strengthened to 93.17%. Retail Credit saw robust 33.92% growth, highlighting strong operational performance and improving financial health.
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