Canara Bank FY09 First Quarter Performance at FinGad.com

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Canara Bank FY09 First Quarter Performance

Categorie: Equities
Submitted 3 months ago by

Narasimhan , Owner at Krish Systems

Canara bank, one of the oldest and leading nationalized banks in India was incorporated in 1906. After the opening of 18 new branches in the last quarter, the bank now has 2696 branches and 2013 ATM centers. The bank has over 32.74 million customers and more than 46000 employees. The bank announced its financial results for the quarter ended June 30, 2008 recently. The Q1 FY09 results compared with its last quarter results and are tabulated below: Rs Millionsborder-right: windowtext 1pt solid; padding-right: 5.4pt; border-top:... More...

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#1 | Liz @ 3 months ago User Rank : 662 Portfoilo Balance: $216,918.00 Comment Rating: 0 Flag Comment Spam | Miscategorized | Prohibited: Good news is Canara Bank and Bank of India have confirmed that they will not hike the interest rate on existing housing loans. Because if they hike the interest rate, defaults will go up. It is also believed that the interest rate has already peaked and before long it will begin to fall. Inflation will register a downward trend too.

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