dblogonew02.gif (3810 bytes) Need to check out original corporate information? Visit www.prdomain.com  
a division of The Information Company Private Limited
information is money
home | advertise | partnership | site map
 
 
  finance > banks > Karur Vysya Bank


Karur Vysya Bank increases income and profit
Our Banking Bureau
31 October 2005

Chennai:
Private bankd Karur Vysya Bank Limited has posted a net profit of Rs65.12 crore for the first half of the current fiscal as against Rs.54.54 crore for the corresponding half year of the previous fiscal.

The net profit has been arrived at after providing for non-performing assets (NPA), standard assets and depreciation on investments as per RBI guidelines and other usual and necessary provisions.

Total interest income went up from Rs298.75 crore to Rs.314.93 crore. Interest on advances grew by 13.62 per cent to Rs.217.94 crore from Rs.191.82 crore. The bank was able to increase its other income from Rs49.25 crore to Rs56.02 crore on the back of improved treasury and fee-based income.

The total deposits of the bank as on 30.9.2005 stood at Rs6,544.53 crore as against Rs,.5738.38 crore, a year ago. The total advances stood at Rs4851.02 crore. Net NPA as a percentage of net advances stood down at 1.36 per cent as on send this article to a friend30.09.2005 as against 2.16 per cent a year ago. The NPA provision coverage ratio stood improved at 71.63 per cent as on 30.9.2005 as against 64.29 per cent a year ago.

The capital adequacy ratio of the bank is comfortable at 16.83 per cent.


List of reports on Karur Vysya Bank

List of general report on capital markets

Google
 
Web www.domain-b.com
www.prdomain.com
 

 

This site is best viewed with an 800 x 600 monitor resolution    |    Copyright 1999-2005 The Information Company Private Limited. All rights reserved.

Karur Vysya Bank increases income and profit