[ad_1]
Complete earnings of the financial institution additionally rose to Rs 21,331.49 crore throughout July-September interval of 2021-22, as towards Rs 20,793.92 crore in similar interval of 2020-21, Canara Financial institution stated in a regulatory submitting.
Financial institution’s gross non-performing belongings (NPAs) had been a tad up at 8.42 per cent of the gross advances as of September 30, 2021, as towards 8.23 per cent by finish of September 2020. Nonetheless, it fell sequentially from 8.50 per cent by finish of June 2021 quarter.
In worth phrases, the gross NPAs stood at Rs 57,853.09 crore, up from Rs 53,437.92 crore.
Web NPAs (unhealthy loans), nonetheless, fell to three.21 per cent (Rs 20,861.99 crore) from 3.42 per cent (Rs 21,063.28 crore).
Provisions for unhealthy loans and contingencies for the reported quarter fell to Rs 3,360.23 crore from Rs 3,974.02 crore in the identical interval a 12 months in the past.
On a consolidated foundation, there was a internet revenue of Rs 1,100.59 crore in September 2021 quarter, up by over two-times from Rs 465.88 crore in 12 months in the past interval.
Complete consolidated earnings was up at Rs 23,876 crore, from Rs 22,638.26 crore.
Canara Financial institution inventory traded 3.74 per cent down at Rs 194.40 apiece on BSE.
[ad_2]
Source link