Karnataka Bank has reported threefold jump in its net profit at Rs 88.46 crore for the quarter ended September 30, 2014 as compared to Rs 28.95 crore for the same quarter in the previous year. Total income has increased by 10.92% at Rs 1278.44 crore for quarter under review as compared to Rs 1152.49 crore for the quarter ended September 30, 2013.
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