Karur Vysya Bank posts 49% rise in profits
By Vaibhav Aggarwal
Jan 31, 2011
Print    Email    RSS   

Private sector lender, Karur Vysya Bank has booked 49% rise in net profits for the third quarter of this fiscal amounting to Rs 113.22 crore as compared to Rs 75.87 crore for the same period in the fiscal prior to this.

The net interest income of the lender has grown by 39.36%.

Thre has been a 0.27% rise in net interest margin (NIM) for Q3 taking it to 3.66%. While deposits increased by 24% to Rs 22,263 crore, loan book saw a 31% rise amounting to Rs 16,514 crore.

The capital adequacy ratio (CAR) of the bank figured out to be 12.13% while net NPAs amounted to 0.19%.


(Comments Posted : 0) Post Your Comments
Show All Comments
 Select a product:

 Select a product:

Tata Nano: How would Bank Loans look
A chronicle of excesses by loan recovery...
How good are floating rate car loans?
Carnival of Indian Personal Finance Blogs #3
Used Car Loan Melas in India

Hello I am looking to renew my car insurance and I...
my loan no
Lonavala Caℓℓ Girℓs 9765946980 / 9970712349...

SBH bank extended its Car and gold loan campaign till 31st March, 2015. Feb 11, 2015
KVGB bank signed MOU with TATA Motors Feb 10, 2015
SBH bank extended its scheme offering concession to loan defaulters Feb 2, 2015
Karnataka Bank tied up with TVS motors to Assist Auto rickshaw buyers Jan 27, 2015
RBI extended the Directions issued to Amanath Co-operative Bank for a period of six months Jan 22, 2015
News Archive