On a quarter-on-quarter (QoQ) basis the growth in the net profit has been 125.87 per cent due to a lower base effect
The allotment for the issue is scheduled on 09 March, followed by listing on NSE and BSE on 13 May
RBI in its recent draft circular on prudential norms has said provisioning of infrastructure and non-infrastructure loans from 0.40 per cent to 5 per cent based on various conditions
Generally, whenever we make expectations related to deposits and advances, we do it conservatively, but the results always outperform our expectations, says K Satyanarayana Raju, MD & CEO, Canara Bank.