Canara Bank Q4 Results: PSB announces dividend of ₹16 a share, profit jumps 18%

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 Q4 Results: PSB announces dividend of ₹16 ashare
Canara Bank Q4FY24 results are now Declared.

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.

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Canara Bank Share price:

CANARA BANK

558.10-18.75 (-3.25%)

Updated May 8, 2024

Hi, My self Saurabh Singh

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