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)
Many consumers withdrew their funds from the bank after the fall in fear of losing their money.
( z1 withdraw :ARG0 ( z2 person :ARG0-of ( z3 consume ) :quant ( z4 many ) ) :ARG1 ( z5 fund :poss z2 ) :ARG2 ( z6 bank ) :time ( z7 after :op ( z8 fall ) ) :ARG1-of ( z9 cause :ARG0 ( z10 fear :ARG0 z2 :ARG1 ( z11 lose :ARG0 z2 :ARG1 ( z12 money :poss z2 ) ) ) ) )