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Tuesday, January 29, 2019

ORIENTAL BANK BOB AND CANARA BANK POST PROFIT IN Q3

ORIENTAL  BANK NET PROFIT 144.96 CR  IN Q3

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CANARA BANK NET PROFIT 317.52 CR  IN Q3
Public sector lender on Monday reported over two-fold jump in net profit at Rs 317.52 crore for December quarter 2018 as provisioning for bad loans declined.  
The bank had logged a net profit of Rs 125.75 crore in October-December 2017.
Total income in the reported quarter stood at Rs 13,513.35 crore as compared to Rs 12,341.09 crore in the year-ago period, the bank said in a regulatory filing.

Bank of Baroda Q3 profit rises to Rs 471 crore

Public sector lender (BoB) Tuesday reported an over four-fold jump in net profit at Rs 471.25 crore for the third quarter ended December 2018.
The bank had logged a net profit of Rs 111.78 crore in October-December 2017.

Axis Bank Q3 net profit surges 131% to Rs 1,681 crore

Private lender Axis Bank’s profit for the quarter ended December 2018 doubled over the previous year on back of strong growth in non-core income due to recoveries and stake sales.
The bank posted a growth of 131 per cent in net profit to Rs 1,681crore for the December quarter(Q3FY19), against Rs 726 crore a year ago. This was against a profit of Rs 790 crore in previous September(Q2FY19), said the bank in a filing to the exchanges.

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