NEWS & ADVICE : SAVINGS ACCOUNTS
Dena bank reported a drop down in its net profit
By Vaibhav Aggarwal
Nov 11, 2014
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Public sector bank – Dena bank has reported a drop down of 51% in its net profit. The reports have stated that the profit of the bank has decreased to Rs 51.58 crore in the second quarter ended September 30, 2014-15.

Though in the previous year bank has reported an increase in net profit but this time there has been a fall in the profit of the bank. The net non-performing assets (NPAs) or bad loans increased to 3.59 per cent from 2.02 per cent of the total advances. Total income has increased from Rs 2,599.94 crore for the quarter ended September 30, 2013 to Rs 2,885.22 crore


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