|Mr.V.Kannan,CMD addressing media with .Mr.K.R.Shenoy (R) & Mr.B.S.Rama Rao (L)|
Q1 RESULTS JUNE
Deposits up by 12.63%
Interest Income up by 24.34%,Total Income up by 18.19%.
Net Profit up by 21.89%.
Gross NPA at 2.68%
Net NPA at 1.77%
Provision Coverage Ratio at 63.75%. Book Value is at Rs.67.52.share Holding:Government of India:74%
Public:26%. CASA: 19.15%,Retail credit at 20.86% of total advances.NII is at Rs.535.48 crores.
Cost of Funds:7.44%,Yield on Advances :9.04%.Business per employee:Rs.14.63 crores.
Total number of branches:1516 and ATM's : 1536.
The bank is in the process of raising equity capital to the tune of Rs.600 crores
through 'Qualified Institutional Placement' route for augmenting the Tier I Capital.