Canara Bank posts 92% YoY rise in profit in Q3
The net profit stood at Rs 2882 crore against Rs 1502 crore in the year ago period. Operating profit saw a relatively modest 20% rise at Rs 6952 crore.Its net interest margin for the quarter improved to 3.05% against 2.83% in the year-ago quarter. Net interest income at Rs 8600 crore was 24% higher year-on-year.