Canara Bank announced Q3FY23 results: Q3FY23: Global business grew by 13.63%, it crossed Rs 20,00,000 crore milestone. Net Profit stood at Rs 2,882 crore against Net profit of Rs 1,502 crore for Q3FY22. Operating Profit stood at Rs 6,952 crore and grew by 19.80%. Gross Advances grew by 16.65%. Gold Loan grew by 34.21% with a Portfolio amount of Rs 1,15,286 crore. Net-Interest Income grew by 23.81% Non-Interest Income grew by 10.35%. Fee based income grew by 13.02%. Cost to Income Ratio down by 184 bps. RAM Credit grew by 13.81%, it constitutes 54% of Total Advances. Retail Credit grew by 11.30% with Housing loan at 15.81%. Gross NPA Ratio stood at 5.89% down by 191 bps. Net NPA Ratio stood at 1.96% down by 90 bps. Provision Coverage Ratio (PCR) at 86.32% improved by 306 bps. CRAR stood at 16.72% as of Q3FY22. Out of which CET1 is 11.45%. Return on Equity stood at 18.38% improved by 630 bps. Result PDF