Public sector lender Canara Bank’s net profit grew 42.81 per cent y-o-y to ₹3,606 crore in the second quarter of FY24. Its net profit stood at ₹2,525 crore a year ago.

On a sequential basis, PAT grew 2.01 per cent. The net interest income for this quarter went up by 19.76 per cent y-o-y to ₹8,903 crore, compared to ₹8,666 crore, while on a q-o-q basis, it grew by 2.73 per cent.  

In terms of business performance, global business increased by 10.12 per year over year to ₹21,56,181 crore. Meanwhile, domestic business went up by 10.08 per cent to ₹20,21,650 crore.