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Indian Bank Q2 profit slips 67% at ₹150 crore
State-owned Indian Bank Friday reported a 66.7% dip in its net profit at 150.1 crore for the second quarter ended September on account of increase in bad loans. The bank's net profit in the corresponding July-September quarter of 2017-18 was at 451.5 crore. Total income of the bank increased to 5,129.16 crore for the September quarter this year, from 4,874.16 crore in the same period of the previous fiscal, the bank said in a regulatory filing.
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