Money & Banking

AP Mahesh Bank profit rises 27% to ₹54 crore

Our Bureau Hyderabad | Updated on September 08, 2019 Published on September 08, 2019

Andhra Pradesh Mahesh Co-Op Urban Bankhas posted has posted a profit before tax of ₹54.43 crore in the financial year ended March 30, 2019, a 27 per cent growth over the previous year.

The business mix of the bank has crossed ₹3,829 crore. The bank also declared a dividend of 20 per cent at the annual general body meeting held on Saturday.

Published on September 08, 2019
  1. Comments will be moderated by The Hindu Business Line editorial team.
  2. Comments that are abusive, personal, incendiary or irrelevant cannot be published.
  3. Please write complete sentences. Do not type comments in all capital letters, or in all lower case letters, or using abbreviated text. (example: u cannot substitute for you, d is not 'the', n is not 'and').
  4. We may remove hyperlinks within comments.
  5. Please use a genuine email ID and provide your name, to avoid rejection.