Financial Daily from THE HINDU group of publications
Friday, Jul 29, 2005
Financial Daily from THE HINDU group of publications Friday, Jul 29, 2005 |
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Money & Banking
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Financial Performance Corporate Results - Public Sector Banks SBT clocks Rs 48-cr net Our Bureau
Thiruvananthapuram , July 28 STATE Bank of Travancore (SBT) has posted a net profit of Rs 47.61 crore during the three-month period ended June 30. The bank recorded an operating profit of Rs 147.42 crore during the period. The interest income went up by 10.69 per cent (year-on-year) to reach Rs 529.64 crore against Rs 478.48 crore during the corresponding period last year. The net interest income increased by Rs 7.90 crore (year-on-year) to touch Rs 211.42 crore. The gross non-performing assets had been reduced to Rs 646.50 crore from Rs 661.30 crore as on June 30, 2004.
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