• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

Coimbatore, Feb. 1

City Union Bank's net profit has risen by Rs 1.43 crore to Rs 13.86 crore during the third quarter. Bank sources told Business Line that the bank had incurred a one-time expenditure of Rs 4 crore towards provisioning for gratuity. "This provision makes it appear as if our net is just marginally higher than the corresponding previous period."

Total income rose by 20 per cent to Rs 111.69 crore (Rs 92.93 crore), while total expenses increased to Rs 84.69 crore (Rs 66.83 crore). Interest income increased by 22 per cent to Rs 99.40 crore (Rs 81.92 crore).

More Stories on : Financial Performance | Private Banks

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Andhra Bank opens 5 ATMs

Copyright © 2007, 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