Small Business

City Union Bank net up 26.55%

Private sector lender City Union Bank on Saturday said its net profit rose by 26.55 per cent to Rs 40.65 crore for the third quarter ended December 31, over the corresponding period last year. - KVB net profit jumps 28% - JK Bank net profit rises 19% - Bank of Maharashtra net down 7% - Syndicate Bank net dips 42.6% to Rs 205.72 cr - RCom Q3 Net falls 19% to Rs 1,165 cr - Great Offshore Q3 net dips 14% to Rs 49 cr Total income rose to Rs 278.58 crore against Rs 246.64 crore last year, the bank said in a filing to the Bombay Stock Exchange (BSE). It earned an interest income of Rs 242.57 crore in the quarter against Rs 206.49 crore last year.

Quick Quid commented:

It is a good news that city union bank got such profit hike .I hope they will maintain it in future too by their good efforts.You have updated on the matter very nicely.

09.01.2012


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