NEWS & ADVICE : FIXED DEPOSITS
Indian Bank achieves highest RoA amongst PSBs
By Neelima Shankar
May 23, 2011
Print    Email    RSS   

Public sector lender Indian Bank has booked highest returns on its assets (RoA) for the fiscal last ended as compared to all its public sector peers in the banking space.

The bank recorded RoA of 1.53% in the last fiscal. The lowest RoA came from the kitty of Bank of Maharashtra.

Canara Bank follows Indian Bank with RoA of 1.42% while Andhra Bank posted 1.36% RoA.

SBI posted RoA at 0.71%.

Net Interest Margin (NIM) of the bank improved to 3.75% as compared to 3.55% in the FY prior to that.


 


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

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
Carnival of Indian Personal Finance Blogs #3
Plan your tax, don’t evade it
Carnival of Indian Personal Finance Blogs...
For what purpose do you want to invest in...
12 point conduct checklist for bank and...


NANGAL: CaℒL Giℛℒ In Una 09855660911 Escoℛt...
Chandigarh@CaℒL Giℛℒ In Rajpura +O9855660911...
If I invest 100000 rupees deposit for 2 year , how...

NEWS THIS WEEK
Federal Bank launched V connect for its customers Feb 12, 2015
Andhra Bank on expansion mode Feb 11, 2015
Dena Bank earned a profit of 13%. Feb 9, 2015
Banks expected to cut down the rates Feb 5, 2015
RBI kept the rates unchanged Feb 4, 2015
News Archive