May 11, 2018 / 10:47 AM / 2 months ago

BRIEF-India's Canara Bank Posts March-Qtr Loss

May 11 (Reuters) - Canara Bank Ltd:

* MARCH QUARTER NET LOSS 48.60 BILLION RUPEES VERSUS PROFIT OF 2.14 BILLION RUPEES YEAR AGO

* MARCH QUARTER INTEREST EARNED 102.23 BILLION RUPEES VERSUS 104.93 BILLION RUPEES YEAR AGO

* MARCH QUARTER PROVISIONS 90.75 BILLION RUPEES VERSUS 27.09 BILLION RUPEES YEAR AGO

* MARCH QUARTER PROVISIONS FOR NON-PERFORMING ASSETS 87.63 BILLION RUPEES VERSUS 29.24 BILLION RUPEES YEAR AGO

* MARCH QUARTER GROSS NPA 11.84 PERCENT VERSUS 10.38 PERCENT PREVIOUS QUARTER

* MARCH QUARTER NET NPA 7.48 PERCENT VERSUS 6.78 PERCENT PREVIOUS QUARTER

* SAYS DIVERGENCE IN PROVISIONING AS OF MARCH 31, 2017 IS 14.01 BILLION RUPEES

* CANARA BANK - ADJUSTED NET LOSS AFTER TAX FOR YEAR ENDED MARCH 31, 2017 AFTER TAKING INTO ACCOUNT DIVERGENCE IN PROVISIONING IS 2.79 BILLION RUPEES Source text - bit.ly/2rB5Vzj Further company coverage:

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