Canara Bank Q2 Profit Rises 8.4% to Rs 5,175 Crore
Canara Bank's net profit for the second quarter increased by 8.4% year-on-year to Rs 5,175 crore. The growth was driven by a 20.4% rise in net interest income to Rs 11,005 crore and improved asset quality. Lower provisions also boosted earnings. Global advances grew 19.5%, surpassing deposit growth during the period.
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