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Canara Bank Q3 net declines 18.8% at Rs 710 crore

Canara Bank on Friday reported 18.8 percent decline in its net profit at Rs 710.51 crore for the quarter ended December 31, 2012 on account of higher provisioning and rise in bad loans.

Canara Bank net decline 17% at Rs 3,341.69 cr in FY12

During 2011-12, Canara Bank's total income rose by 31 percent to Rs 33,920.15 crore from Rs 25,834.14 crore in the previous fiscal.