Shares in state-run lender Canara Bank eased after provisions were sharply higher in Dec. quarter, dealers said. The bank reported a 21 percent fall in quarterly profit to 8.76 billion rupees. Provisions were up at 5.01 billion rupees versus 1.57 billion rupees a year ago. At 1.21 p.m., the stock was down 2.47 percent at 468.10 rupees. (Reporting by Manoj Dharra)
Canara Bank profits fell from about 10 billion.
This is wrong. It fell 20% to 8.76 billion, which would be more than 10 billion at its peak.
( z1 fall :ARG1 ( z2 profit :ARG0 ( z3 company :name ( z4 name :op "Canara" :op "Bank" ) ) ) :ARG3 ( z5 about :op ( z6 monetary-quantity :quant 10000000000000 :unit ( z7 dollar ) ) ) )