Aug 24 (Reuters) – Royal Bank of Canada RY.TO on Thursday posted a rise in third-quarter profit as a high-interest rate environment boosted its lending business.

The bank’s profit came in at C$3.81 billion, or C$2.73 per share, in the three months ended July 31, compared with C$3.52 billion, or C$2.51 per share, a year earlier.

(Reporting by Sri Hari N S in Bengaluru; Editing by Shilpi Majumdar)

((SriHari.NS@thomsonreuters.com;))

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