Tuesday, November 1, 2011

Canara Bank Q2 PAT down 15% at Rs 852 cr

Canara Bank has announced its second quarter results. The company's Q2 net profit was down 15% at Rs 852 crore versus Rs 1,008 crore.

Its net interest income (NII) was down 2% at Rs 1,961 crore versus Rs 2,003 crore.

Its provisions was up at Rs 553 crore versus Rs 158 crore, YoY.

Its gross NPAs was up at 1.73% versus 1.49%, YoY.

Its Net NPAs was at 1.43% versus 1.06%, YoY.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

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