Q2 2020 Canara Bank Ltd Earnings Call Transcript
Very good evening to all of you. So today, we have with us the entire management of Canara Bank, represented by Mr. Sankara Narayanan, who is the MD. Then we have Mr. Rao and Mr. Debashish Mukherjee who are the EDs of the company, along with the senior management of the -- general managers of the bank.
So without any -- spending any more time, I will straight over hand over to Mr. Narayanan for his opening remarks.
Good evening, everyone. Pleasure having you all in conference call. Canara Bank Q2 results were approved by the Board yesterday. And total business as on September 30, it's up by 7.71% year-on-year. It's INR 10,55,000 crores. Gross deposits up by 10%. It is at INR 6,09,000 crores. Gross advances up by 4.22% at INR 4,46,000 crores. Net profit year-on-year is up by 21.89% to INR 365 crores. Operating profit is up by 9.37% at INR 2,545 crores. Gross NPA both on an amount as well as on percentage, it is down, and it is at 8.68%. Net NPA is down from 6.54% to 5.15% as on
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