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Our Bureau

New Delhi, April 26

State Bank of Bikaner & Jaipur (SBBJ) has posted a net profit of Rs 305.80 crore for the fiscal 2006-07. This is more than double the net profit of Rs 145.03 crore recorded in the previous year. A release issued by the bank said its net interest income recorded a 7.65 per cent increase to Rs 1,068.86 crore from Rs 992.90 crore. Meanwhile, the bank has declared a final dividend of Rs 50 per share (face value of share is Rs 100) for the financial year ended March 31, 2007. If one were to add the interim dividend of Rs 50 per share, the total dividend for 2006-07 amounts to Rs 100 per share. The dividend paid for 2005-06 was Rs 65 per share. The total business has grown to touch a level of Rs 49,246 crore.

More Stories on : Financial Performance | Public Sector Banks

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