 "Canara Bank Q3 net plunges 42% to Rs 409 crore")
The total income for the quarter has gone up 16.45% to Rs 10,935 crore against Rs 9,390 crore in the corresponding quarter last fiscal.
The operating profit for the third quarter went up 4.94% to Rs 1,591 crore as against Rs 1,516 crore in the year ago period.
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Capital adequacy ratio under Basel-III stood at 9.83%. The return on assets (annualised) came down to 0.37% in December 2013 from 0.82% in the corresponding quarter last year.
The net non-performing assets went up marginally to 2.39% in December 2013 from 2.35% in the year ago quarter.
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