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Treasury hit drags Canara Bank Q4 profit

Canara Bank’s net profit saw a 10% dip to ₹4,506 crore in the March quarter, primarily due to treasury losses triggered by rising sovereign bond yields. Despite this, the bank’s asset quality improved, and its full fiscal year net profit increased by 12.7% to ₹19,187 crore.

Source :- Markets-Economic Times Read More

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