*Canara Bank's Q1FY25 Results*
- *Net Profit*: Canara Bank reported a 10.5% year-over-year rise in net profit to Rs 3,905 crore in the first quarter of the current financial year
- *Non-Interest Income*: Non-interest income rose by 10.38% year-over-year to Rs 5,319 crore, with fee-based income up 16.75% and recoveries from written-off accounts increasing by 45.48%
- *Asset Quality*: The bank's asset quality improved, with gross NPAs declining to 4.14% in June 2024 from 5.15% in June 2023
- *Provisions*: Provisions for non-performing assets (NPAs) decreased by 10% year-over-year to Rs 2,170.8 crore