Canara Bank — Earnings Release 2020

Jan 23, 2020

choli?l a'il> &canara Bank

23.01.2020

Ref:: MD&CEO:SD:891/892/11/12::2020

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/Madam,

Subject: Press Release - Reviewed Financial Results (Standalone & Consolidated) for the Third Quarter/ Nine Months ended 31.12.2019

We herewith enclose a copy of the Press Release on the Reviewed Financial Results (Standalone & Consolidated) for the Third Quarter/ Nine Months ended 31.12.2019

This is for your information & records.

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Secretarial Department

T +91 80 22100250 Head Office F +91 80 22248831 112 J C Road, Bangalore - 560002

E-Mail - hosecretarial@canarabank.com

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Head Office: Bengaluru -560 002

Press Release

Date: 23rd January 2020 Financial Results for the Quarter ended 31st December 2019

The Board of Directors of Canara Bank today approved the reviewed financial results of the Bank for the quarter ended 31 st December 2019.

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Q3FY - 2020 HIGHLIGHTS (Y-o-Y)

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• ✓ Total Business up by 5.19% at Rs.1063450 Cr

• ✓ Gross Deposits up by 8.64% at Rs.625240 Cr

• ✓ Gross Advances up by 0.64% at Rs.438210 Cr

• ✓ Net Profit up by 3.77% to Rs.330 Cr

• ✓ Operating Profit stood at Rs.2334 Cr

• ✓ Gross NPA down from 10.25% to 8.36%

• ✓ Net NPA down from 6.37% to 5.05%

• ✓ Provision Coverage Ratio improved from 62. 54% to 70. 97%

• ✓ CRAR (Basel Ill) improved from 12.21% to 13.86%

  • Shri. RA Sankara Narayanan

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Managing Director & Chief Executive Officer Canara Bank, Head Office, 112, J.C. Road, BANGALORE -560002

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