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A.P. Mahesh Cooperative Urban Bank Ltd’s profit has gone up to Rs 24.14 crore in the year ended March 31, 2012 compared with Rs 21.58 crore in the previous year.
The total business has crossed Rs 1,900 crore against a target of Rs 1,800 crore, Mr Ramesh Kumar Bung, Chairman, said in a release.
The bank had received approval from the Reserve Bank of India to extend its operation to Maharashtra, Rajasthan and Gujarat, he added.
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