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 has existed for 50 years.
( z1 exist :ARG1 ( z2 company :name ( z3 name :op "Canara" :op "Bank" ) ) :duration ( z4 temporal-quantity :quant 50 :unit ( z5 year ) ) )