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Ratnakar Bank has posted a 112 per cent increase in net profit, helped by growth in deposits and advances.
For the full year ended March 31, 2012, the Kolhapur-based private sector bank reported a net profit of Rs 66 crore. Net advances grew 117 per cent to Rs 4132 crore and total deposits grew 132 per cent to Rs 4739 crore.
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