Corporation Bank posts higher net profit at Rs 206 cr

Chennai, Nov 14 (IANS) Government-owned Corporation Bank on Monday said it closed the second quarter with a net profit of Rs 206.28 crore.

In a regulatory filing in BSE, the bank said it has posted a net profit of Rs 206.28 crore for the quarter ended September 30, 2016 as compared to Rs 188.60 crore for the quarter ended September 30, 2015.

The bank’s total income increased from Rs 5,434.65 crore for the quarter ended September 30, 2015 to Rs 5,750.61 crore for the quarter ended September 30, 2016.

–IANS

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