How has been the historical performance of Canara Bank?
Canara Bank has shown significant growth from March 2022 to March 2025, with interest earned increasing from ₹69,410.25 crore to ₹1,19,755.07 crore, and profit after tax rising from ₹5,678.42 crore to ₹17,026.67 crore, reflecting strong financial performance and improved liquidity.
Answer:The historical performance of Canara Bank shows a significant upward trend in various financial metrics over the years.Breakdown:
Canara Bank's interest earned has increased from 69,410.25 crore in March 2022 to 1,19,755.07 crore in March 2025, reflecting a strong growth trajectory. The total income also rose substantially, from 85,907.15 crore in March 2022 to 1,42,207.87 crore in March 2025. Net interest income has shown a consistent increase, reaching 37,071.96 crore in March 2025, up from 26,383.99 crore in March 2022. Profit before tax has improved significantly, moving from 8,961.59 crore in March 2022 to 22,626.67 crore in March 2025, while profit after tax also saw a rise from 5,678.42 crore to 17,026.67 crore in the same period. The bank's total liabilities increased from 12,26,979.67 crore in March 2022 to 16,82,849.61 crore in March 2025, with deposits growing from 10,86,409.25 crore to 14,56,883.18 crore. Cash and cash equivalents at the end of March 2025 stood at 205,340 crore, up from 182,054 crore in March 2022, indicating improved liquidity. Overall, Canara Bank has demonstrated robust growth in income, profits, and asset management over the years.
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