Canara Bank Q4 Results: Net profit increased by 18.4%, asset quality improved, and the company declared a dividend of Rs 16.10.
Canara Bank reported an 18% increase in profit to ₹3,757 crore for the March 2024 quarter, up from ₹3,174 crore in the same quarter the previous year, according to a regulatory filing.
The psb board recommended a dividend of ₹16.10 per equity share, or 161% of the face value of ₹10, to stockholders year 2023-24. This is subject to approval at the upcoming Annual General Meeting.
This is a developing story, which will be updated shortly.
Read More: Aadhar Housing Finance IPO on May 8 : What provides GMP mean before becoming subscribers?
Canara Bank Share price:
CANARA BANK
558.10-18.75 (-3.25%)
Updated May 8, 2024
