Canara Bank profit climbs 33% on rising fee income, recoveries
- Posted on May 8, 2025
- By Financial Express
- 1 Views
Canara Bank profit climbs 33% on rising fee income, recoveries
Canara Bank posts record Q4 profit of Rs 5,004 crore in FY25, up 33% YoY, driven by strong fee income and bad loan recoveries. Retail loans surge, NPA ratios improve, and a Rs 4 dividend is proposed. The bank maintains cautious NIM outlook amid expected rate cuts.
