SME Times is powered by   
Search News
Just in:   • Tariff war: Korean won dips to lowest level since 2008 global financial crisis  • Tariff shock indicates 25bps rate cut, RBI stance may turn ‘accommodative’: Report  • PM Mudra Yojana Hits ₹32.61 Lakh Cr in Loans to 52 Crore Beneficiaries in 10 Years  • Sensex, Nifty tank over 4 pc as global trade war fear rises   • They're dying to make deal: Trump stands firm on 'reciprocal tariffs' 
Last updated: 29 Jul, 2024  

canara-bank-logoTHMB042010.jpg Canara Bank net down 30 pc in fourth quarter

canara-bank2010.jpg
   Top Stories
» Tariff shock indicates 25bps rate cut, RBI stance may turn ‘accommodative’: Report
» PM Mudra Yojana Hits ₹32.61 Lakh Cr in Loans to 52 Crore Beneficiaries in 10 Years
» Sensex, Nifty tank over 4 pc as global trade war fear rises
» Indian stock market crashes amid US reciprocal tariff fears
» PM Modi offers UPI link to BIMSTEC nations as booster shot for trade, tourism
SME Times News Bureau | 29 Apr, 2010
State-run Canara Bank posted a net profit of Rs.503 crore for the fourth quarter (January-March) of fiscal 2009-10, registering 30 percent decline year-on-year (YoY) from Rs.719 crore in the corresponding period of the previous fiscal.

In a regulatory filing Wednesday, the bank said its total income for the quarter under review, however, remained flat at Rs.5,507 crore as against Rs.5,500 crore in the corresponding period a year ago.

For the entire fiscal (FY 2010), net profit, however, shot up 46 percent to Rs.3,021 crore from Rs.2,072 crore in FY 2009.

Total income grew modestly 11.2 percent to Rs.21,610 crore from Rs.19,430 crore year ago.

The bank's net interest income (NII) in Q4 increased 22.4 percent YoY to Rs.1,598 crore from Rs.1,305 crore in the corresponding period a year ago.

The bank's board of directors recommended 100 percent dividend or Rs.10 for each share of Rs.10 par value for fiscal 2010. 
 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
84.35
82.60
UK Pound
106.35
102.90
Euro
92.50
89.35
Japanese Yen 55.05 53.40
As on 12 Oct, 2024
  Daily Poll
Do you think Indian businesses will be negatively affected by Trump's America First Policy?
 Yes
 No
 Can't Say
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter