Corporation Bank Q3 net up 25% at Rs 382 cr

Corporation Bank posted its third quarter results with net profit of Rs 382 crore, up 25.24 per cent for the December quarter ended 2010 from the December quarter 2009 profits at Rs 305 crore.

The net interest income was up 40.56 per cent at Rs 842 crore from last year's December quarter figures at Rs 599 crore.

At 12:45, the shares of the bank were trading at 1.12 per cent at Rs 573.95 on the Bombay Stock Exchange.