Result : Canara Bank

Canara Bank has shown a modest growth of 1.88% in net profit for the quarter ended December 2006 at Rs.363.02 crore compared to Rs.356.29 crore for the same period last year. The bank's total income showed robust growth at 27.8%. The higher provisioning for depreciation in investment portfolio is the main culprit for less growth in net profit. The net NPA of the bank stood at 0.96%. Capital Adequacy ratio stood at 12.69%. The total business of the bank stood at Rs.2,22,504 crore. Deposits stood at Rs.1,31,781 crore and Advances stood at Rs.90,723 crore.