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Bank of Baroda, Canara Bank announce subscription to IDRCL sharesBy , ET BureauLast Updated: Feb 18, 2022, 06:39 PM ISTSynopsisIDRCL is an asset management company set up by the government with an authorized capital of Rs 50 crore. It will work in tandem with the National Asset Reconstruction Company Ltd (NARCL) to clean up the…Continue Reading

Canara Bank Q3 Results: Net profit jumps over two-fold to Rs 1,502 cr on lower provisioning

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New Delhi, State-owned on Thursday reported over two-fold jump in its net profit on a standalone basis to Rs 1,502 crore for the December 2021 quarter on the back of lower provisioning. The bank had posted a net profit of Rs 696 crore in the year-ago quarter. Sequentially, the net profit was higher by 13…Continue Reading