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Indian Bank, UCO Bank lead Q2 profit growth as treasury income slumps

viaeconomictimes.indiatimes.com15 Oct
Indian Bank, UCO Bank lead Q2 profit growth as treasury income slumps
Indian Bank, UCO Bank, South Indian Bank and Karur Vysya Bank reported double-digit Q2 profit growth, supported by core income and loan expansion. However, rising bond yields hurt treasury earnings, while improving asset quality and provisions shaped quarterly performance.

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