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The state-owned lender's net interest margin for the quarter improved to 2.6% from 2.5% in the preceding quarter. Its net interest income, or the core earnings from lending, jumped 20.4% at ₹11,005 crore, while an 18% fall in non-interest income at ₹5,772 crore on account of a sharp drop in treasury losses capped the earnings gain. Read more: Jio IPO sparks investor buzz: GMP rises to 20% as Reliance’s telecom arm announces price band, dates Total income for the quarter rose 6% year-on-year at ₹40,931 crore. The bank reported a ₹499 crore of total treasury income in the second quarter, reflecting a 68.5% year-on-year fall. The bank's operating profit stood 2% higher at ₹8,758 crore. Its gross non-performing assets (GNPA) ratio improved to 1.3% at the end of September, reduced from 1.6% three months back and 2.4% a year prior. This helped in lower provisions at ₹1,782 crore against ₹2,354 crore in the year ago period. Read more: Jio IPO: 5 strengths that put the Reliance-backed digital giant in spotlight Canara's global deposits increased by 13.1% year-on-year to ₹17 lakh crore at the end of September, buoyed by a $5.8 billion inflows in the foreign currency non-resident-bank (FCNR-B) accounts through the Reserve Bank of India's dedicated window. The overseas inflows translated into ₹53,000 crore in rupee terms. (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
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