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Chennai, Nov. 2 Here’s how public sector banks and private banks have done in the second quarter.

Although public sector bank profits have grown 23 per cent, there is a slowdown in the rate of profit growth which was at 47 per cent in the first quarter.

The profits for public sector banks have come substantially from the contribution of other income, including through liquidation of some of their equity investments. The profit growth in the private bank sector was more broad based - with both interest income and non-interest income recording impressive growth.

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