Rephrase and rearrange the whole content into a news article. I want you to respond only in language English. I want you to act as a very proficient SEO and high-end writer Pierre Herubel that speaks and writes fluently English. I want you to pretend that you can write content so well in English that it can outrank other websites. Make sure there is zero plagiarism.:
The bank’s Net Interest Income (
The bank’s loans went up 12.6% during the quarter.
Asset quality of Canara Bank
The bank also registered an improvement in asset quality as gross non-performing assets (GNPA) fell 5.1% of total loans to Rs 41,722 crore in Q3 from Rs 43.955.6 crore in the July-September quarter. The net-non performing assets of the bank also declined 3%.
The bank’s provisions in Q3 fell to Rs 1,899 crore from Rs 2,609 crore in the second quarter.
Canara Bank’s global business increased 9.87% year-on-year to Rs 22,13,360 crore with global deposits at Rs 12,62,930 crore in December 2023 and global advance at Rs 9,50,430 crore.
The domestic deposits of the bank stood at Rs 11,66,848 crore which was 8.07% higher year-on-year, while domestic advances increased 12.56% to Rs 9,01,465 crore during this period.
Canara Bank shares were trading 0.78 percent lower at Rs 452.80 apiece on