Canara net up on margins | india | Hindustan Times
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Canara net up on margins

india Updated: Jan 28, 2010 20:40 IST
Hindustan Times
Canara Bank

Canara Bank reported a 50 per cent jump in net profit at Rs 1,053 crore for the October-December quarter compared to Rs 702 crore in the corresponding period last year.

The jump in profit is due to an increase in net interest income and a simultaneous decline in the cost of deposits.