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This is an archive article published on May 27, 2011

Canara Bank net up 34

The bank had a net profit of Rs 2,999.7 crore in the corresponding period of the previous year,it said in a filing on the BSE

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Leading public sector lender Canara Bank today reported a 34.48 per cent rise in its consolidated net profit to Rs 4,034.19 crore for the year-ended March 31,2011.

The bank had a net profit of Rs 2,999.7 crore in the corresponding period of the previous year,it said in a filing on the BSE.

Total income of the Bangalore-headquartered bank on a consolidated basis improved 18.92 per cent to Rs 25,792.6 crore as at March 2011,as against Rs 21,687.89 crore in the year-ago period.

Total deposits during the period grew 25.27 per cent to Rs 2,93,793.92 crore and advances 25.48 per cent to Rs 2,12,647.38 crore.

 

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