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Canara Bank Shares Rally 5% After Q2 Results; Net Profit Rises 8.4% YoY
Net interest income (NII) rose 20% year-on-year to Rs 11,004 crore from Rs 9,141 crore. The bank's asset quality also improved, with gross non-performing assets (NPAs) declining to 1.33% from 1.57% in the previous quarter.
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