NEWS & ADVICE : PERSONAL LOAN
SIB books 41% rise in profits in Q1
By Vaibhav Aggarwal
Jul 15, 2011
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Private sector lender South Indian Bank has booked a 41% rise in its net profits for the first quarter of this fiscal.

The net profits of the bank now stand at Rs 82.49 crore as compared to Rs 58.44 crore for the same period in the last fiscal.

On a y-o-y basis, the total business of the bank has reached to Rs 53,773 crore, a rise by Rs 13,556 crore.

There has been a rise in the CASA ratio of the bank by Rs 937 crore.


 


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