In today’s briefing:
- Canara Bank – Radically Lower NPLs and Sharply Expanding Net Profit
Canara Bank – Radically Lower NPLs and Sharply Expanding Net Profit
- Canara Bank has seen stunning profit expansion over the past several years
- Lower NPLs can drive lower credit costs to support profit expansion further
- ROE moved from 11.7% to 17.3% over the past several years
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