State-owned Canara Bank on Wednesday reported widening of its standalone net loss to Rs 3,259.33 crore for the fourth quarter ended March 2020.
The bank had registered a net loss of Rs 551.53 crore during the corresponding January-March 2019 quarter.
However, income on a standalone basis during January-March rose to Rs 14,222.39 crore, compared with Rs 14,000.43 crore in the year-ago period, Canara Bank said in a regulatory filing.
The lender made a huge provisioning of Rs 5,375.38 crore for the March