Financial Daily from THE HINDU group of publications
Saturday, Feb 02, 2002
Financial Daily from THE HINDU group of publications Saturday, Feb 02, 2002 |
|
|
|
|
|
Money & Banking
-
Private Banks Corporate Results - Private Banks KVB net up 53 pc Our Bureau
BANGALORE, Feb. 1 THE net profits of Karur Vysya Bank have improved by 53 per cent to Rs 25.09 crore in the third quarter of the current financial year. For the corresponding period of last year, the profits were at Rs 16.38 crore. The gross income for the period under review was Rs 150.60 crore as against Rs 125.09 crore. According to a bank release, the performance in Q3 has pushed up the net for the first nine months of the current year to Rs 60.80 crore as against Rs 50.62 crore during the same period of last year. The total deposits stood at Rs 3,566.42 crore as of December last year. Advances during the same period were at Rs 1,964.25 crore.The release said computerised branches accounted for 90 per cent of the total business. The bank has interconnected 33 branches and introduced anywhere banking.
Send this article to Friends by E-Mail
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | The Sportstar | Frontline | Home |
Copyright © 2002, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|