Q4FY22 Quarterly Result Announced for Canara Bank
Canara Bank declares Q4FY22 result: Bank’s Global Business surpassed Rs.18,25,000 Crore Key Highlights (12 Months period ended) (Mar-2021 V/s Mar-2022) Net Profit grew by 122% to Rs. 5678 Cr Operating Profit grew by 17.27% to 23090 Cr Net interest income grew by 9.46% to Rs.26384 Cr Gross Advances grew by 9.77% to Rs. 741147 Cr Retail Credit grew by 9.51% with Housing loan at 14.77% CASA Deposits increased by 11.52 % Savings Bank Deposit grew by 12.22% Net NPA Ratio stood at 2.65% down by 117 bps Gross NPA stood at 7.51% down by 142 bps Provision Coverage Ratio (PCR) stood at 84.17% improved by 449 bps CRAR stood at 14.90% as at Mar-2022. Out of which Tier-I is 11.91% and Tier-II is 2.99% Fee based income Grew by 16.59% to Rs.6113 Cr Key Highlights (3 Months ended) (Mar 2021 V/s Mar 2022) Net Profit grew by 64.90% to Rs.1666 Cr Operating Profit grew by 18.80% Net Interest income grew by 24.84% Key Highlights (3 Months ended) (Dec 2021 V/s Mar 2022) Net Profit grew by 10.89% to Rs.1666 Cr Net Interest income grew by 0.85% Non-Interest Income grew by 23.53% Result PDF06-05-2022