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Friday, January 28, 2011
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Update at 1425 hrs (IST)

Banking & Finance
BoB profit rises 28.4% to Rs 1,068.9 cr

MUMBAI: State-run Bank of Baroda has reported 28.39 per cent growth in its standalone profit at Rs 1,068.88 crore for the third quarter ended December 31, 2010, against Rs 832.49 crore in the same period last fiscal.

Total income grew to Rs 6,342.30 during the period under review from Rs 4,836.62 crore in the year-ago period, the lender said in a filing to the Bombay Stock Exchange.

The bank shares were trading at Rs 836.70 a piece, down 0.89 per cent from its previous close, in the noon session on the Bombay Stock Exchange. PTI

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