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Canara Bank reports 12 percent rise in first-quarter net profit

Updated : July 26, 2018 06:34 AM IST

Net profit was 2.81 billion rupees ($40.9 million) for the three months ended June 30, compared with 2.52 billion rupees a year ago, the bank said in a statement.
Eight analysts on average had expected a loss of 10.96 billion rupees, according to Thomson Reuters.
Canara Bank reports 12 percent rise in first-quarter net profit

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