Canara Bank quarter 1 net rises marginally

Mumbai, Jul 20: The Canara Bank has posted marginal rise in net profit to Rs 190.93 crore for the quarter ended June 30, 2006 (Q1 FY 06-07) as compared to Rs 186.90 crore for the quarter ended June 30, 2005 (Q1 FY 05-06).

Announcing the results, the Bank said its total income has increased by 23.78 per cent to Rs 2,770.95 crore for Q1 of FY 06-07 from Rs 2,238.58 crore in Q1 of FY 05-06.

The Canara Bank was incorporated on July 1, 1906 in Mangalore, Karnataka. Headquartered in Bangalore, it is one of the largest and oldest public sector banks in India.

UNI