Canara Bank board to consider fund raising plan for FY25
28-May-2024 05:08 PM 1853
Mumbai, May 28 (Reporter) State-owned Canara Bank's Board of Directors would meet this week to consider and approve capital raising plan for the financial year 2024-25. "Board of Directors of the Bank is scheduled to be held on Friday, 31st May 2024, at its Head Office, Bengaluru inter-alia to consider and approve the capital raising plan of the Bank for the financial year 2024-25," the public sector bank said in a stock exchange filing on Tuesday. Canara Bank had earlier this month reported 18.34% year-on-year rise in standalone net profit at Rs 3,757.23 crore for January-March quarter (Q4) of financial year 2023-24. The Board of Directors of the bank had recommended a dividend of Rs 16.10 per equity share (161% of face value of Rs 10 per share) for the year ended on March 31, 2024 subject to requisite approvals. Net Non-Performing Assets (NNPA) ratio of the bank declined to 1.27% as at March 2024, down from 1.32% as at December 2023...////...
© 2025 - All Rights Reserved - timespage | Hosted by SysNano Infotech | Version Yellow Loop 24.12.01 | Structured Data Test | ^