Canara Bank’s net profit rises 33% to Rs 5,003 crore
Canara Bank on Thursday reported a 33.19 per cent rise at Rs 5,003 crore for the fourth quarter of the financial year 2024-25.
Its global business increased by 11.32 per cent to Rs 25,30,215 crore as at March 2025. Its global deposits increased by 11.01 per cent to Rs 14,56,883 crore and global advance (gross) increased by 11.74 per cent to Rs 10,73,332 crore.
The bank has achieved targets in priority sector at 42.36 per cent and agricultural credit at 20.05 per cent of ANBC, as against the norm of 40 per cent and 18 per cent, respectively.
A press release read: As on March 31, 2025, the bank has 9,849 branches, out of which 3,139 are rural, 2,900 semi-urban, 1,944 urban and 1,866 metro along with 9,579 ATMs. It also has four overseas branches in London, New York, Dubai and IBU Gift City.
