The Hindu Business Line : Bank of Rajasthan net down 49%

Bank of Rajasthan’s net profit fell 49 per cent to Rs 17.8 crore in the second quarter of this fiscal, against Rs 34.63 crore in the year-ago period. Net interest income fell 31 per cent to Rs 70.34 crore (Rs 102.36 crore). Other income rose 25 per cent to Rs 33.6 crore. Net NPAs to total advances increased to 0.81 per cent (0.4 per cent). Net advances growth was low at 0.6 per cent. Deposits grew by 14.31 per cent.

— Our Bureau

More Stories on : Financial Performance | Private Banks

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

Stories in this Section
Muthoot Capital net rises 25%

Bank of Rajasthan net down 49%

Max New York Life plans rural expansion

IT majors go to ECGC for credit risk insurance cover

Buy a top-up policy and pay lower premium

Fed out, Govt in again?

Focus on low-cost deposits, says Karnataka Bank chief

IndusInd Bank targets 25% growth this year

Rating raises credit flows to small, micro units

IRDA member to retire

Axis Bank ED resigns