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Banking & Finance
Indian Bank Q1 net up at Rs 217.62 cr

MUMBAI: Public sector lender Indian Bank on Saturday announced a net profit of Rs 217.62 crore for the quarter ended June 30, 2008, a 2.64 per cent growth over the corresponding quarter previous year.

The bank had posted a net profit of Rs 212.09 crore in the quarter ended June 30, 2007, Indian Bank said in a filing to the Bombay Stock Exchange.

Total income of the bank rose to Rs 1,744.99 crore for the quarter ended June 30, 2008, from Rs 1,376.74 crore last year. – PTI
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