Is Canara Bank in loss?
Canara bank had registered a net loss of Rs 551.53 crore during the corresponding Jan-Mar 2019 quarter. The lender made a huge provisioning of Rs 5,375.38 crore for the March 2020 quarter, even as it was lower than the Rs 5,523.50 crore parked aside for corresponding period of 2018-19.
What is the total business of Canara Bank?
Canara Bank is one of the largest Indian government owned banks….Canara Bank.
| Canara Bank Head Office, 112 J C Road, Town Hall Junction, Bengaluru, Karnataka | |
|---|---|
| Net income | ₹2,557 crore (US$360 million) (2021) |
| Total assets | ₹1,153,675 crore (US$160 billion) |
| Owner | Government of India (69.33%) |
| Number of employees | 88,213 (March 2021) |
Is Canara Bank Profitable?
Its operating profit jumped nearly three times at Rs 5703 crore for the quarter under review from Rs 2041 crore in the year ago period. Interest income rose 35 per cent at Rs 16,316 crore from Rs 12047 crore while other income more than doubled at Rs 5207 crore against Rs 2175 crore over the same period.
Why Canara Bank is in loss?
The loss was attributed to higher provisions, harmonisation with Syndicate Bank, and amount for wage revision. Its total income, however, increased to Rs 14,222.39 crore, compared with Rs 14,000.43 crore in the year-ago period, Canara Bank said in a filing to the Bombay Stock Exchange.
Is PNB a loss?
It had posted a net loss of ₹492.28 crore in the year-ago period. Total income in the quarter under review rose to ₹23,298.53 crore as against ₹15,967.49 crore, PNB said in a regulatory filing. On a consolidated basis, there was a profit of ₹585.77 crore during the latest quarter.
Which is the toughest bank exam in India?
Here is an overview of the Top 10 Toughest Bank Exams in India….IBPS Exams 2021
- IBPS PO Exam 2021. IBPS conducts Common Written Exam for recruitment as Probationary Officer.
- IBPS RRB Exam 2021.
- IBPS Specialist Officers Exam 2021.
- IBPS Clerks Exam 2021.