Allahabad Bank posts net profit of Rs.345 crore

By IANS,

Kolkata : City-based public sector bank Allahabad Bank posted a net profit of Rs.345.36 crore for the quarter ended Dec 31, compared to Rs.369.46 crore in the corresponding period last fiscal, it said in a regulatory statement Friday.


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The bank’s income increased from Rs.2,306.45 crore for the quarter ended Dec 31, 2008 to Rs.2,447.28 crore in the quarter under review, it added.

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