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Canara Bank Earnings Release 2019

May 10, 2019

61440_rns_2019-05-10_c8fc132c-1b73-4f1f-ad41-3bed1f62e19a.pdf

Earnings Release

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Ref:: MD&CEO:SD:353/354/11/12::2019

10.05.2019

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The Vice PresidentThe Bombay Stock Exchange Ltd.Phiroze Jeejeebhoy TowersDalal Street,MUMBAI - 400 001 The Vice PresidentListing DepartmentNational Stock Exchange of India LtdEXCHANGE PLAZABandra-Kurla Complex, Bandra [E]MUMBAI 400051

Dear Sir,

Subject: Press Release - Audited Financial Results (Standalone) for the Fourth Quarter and Year ended 31.03.2019

We herewith enclose a copy of the Press Release on the Audited Financial Results (Standalone) for the Fourth Quarter and Year ended 31.03.2019

This is for your information.

Yours faithfully,

��� VINAY '-J�'1� HTA "M() ARY J;s;}����W!J Assislafll General Manager & � Seawy For CANARA BANK

  • 1{l!ffl / VIAAY MOHTA � �, eompany $eCfelalY ACS[-A28792 ]

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Secretarial Department

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E-Mail - [email protected]

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PRESS RELEASE

Financial Results for the Financial Year ended 31[st ] March 2019

The Board of Directors of Canara Bank today approved the audited financial results of the Bank for the financial year ended 31[st ] March 2019.

FY - 2019 HIGHLIGHTS (Y-o-Y)

  • Gross Advances up by 10.82% at Rs.444216 CrGross Deposits up by 14. 15% at Rs. 599033 CrTotal Business up by 12. 71% at Rs.1043249 CrOperating Profit improved by 10.9% from Rs. 9548 Cr to Rs.10590 CrNet Profit improved from Rs. (-) 4222 Cr to Rs. 347 CrGross NPA down from 11.84% to 8.83%Net NPA down from 7.48% to 5.37%Provision Coverage Ratio improved from 58.06% to 68.13%CRAR (Basel Ill) at 11. 90%CD Ratio at 74.16%

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