Financial Daily from THE HINDU group of publications
Wednesday, May 04, 2005
Financial Daily from THE HINDU group of publications Wednesday, May 04, 2005 |
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Corporate Results
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Public Sector Banks Money & Banking - Financial Performance SBBJ net lower at Rs 205 crore Our Bureau
New Delhi , May 3 STATE Bank of Bikaner and Jaipur (SBBJ) has recorded net profit of Rs 205.65 crore for 2004-05 against a net of Rs 301.52 crore in the previous year. The bank, however, recorded a higher operating profit of Rs 729.64 crore against Rs 681.35 crore in 2003-04. A release from the bank said that the lower net profit was on account of a dip in treasury income and higher provisioning towards depreciation in investment portfolio. The bank has declared a dividend of 100 per cent (Rs 100 per share). The total business of the bank increased by Rs 5,837 crore during 2004-05 to reach Rs 31,294 crore.
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