The Hindu : Federal Bank profit up

Online edition of India's National Newspaper
Friday, November 02, 2001

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Business \| Previous Federal Bank profit up Federal Bank has achieved a net profit of Rs.. 42.12 crores in the half year ended September 30, 2001 against Rs.29.41 crores in the corresponding period of the previous fiscal. The operating profit at Rs. 153.24 crores saw a rise of Rs. 76.63 crores. The bank has made a provision of Rs. 80.09 crores towards non- performing assets. The non-interest income portfolio registered a growth of 100 per cent to Rs. 107.63 crores from Rs. 53.66 crores. Interest income grew by 16.26 per cent to Rs. 511.75 crores from Rs. 440.18 crores. Send this article to Friends by E-Mail
Section : Business Previous : 47 p.c. growth for State Bank of Hyderabad
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Copyright © 2001 The Hindu Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu

Front Page \| National \| Southern States \| Other States \| International \| Opinion \| Business \| Sport \| Miscellaneous \| Magazine New \| Open Page New \| Education New \| Business New \| SciTech New \| Entertainment New \| Classifieds \| Employment \| Index \| Home

Business \| Previous Federal Bank profit up Federal Bank has achieved a net profit of Rs.. 42.12 crores in the half year ended September 30, 2001 against Rs.29.41 crores in the corresponding period of the previous fiscal. The operating profit at Rs. 153.24 crores saw a rise of Rs. 76.63 crores. The bank has made a provision of Rs. 80.09 crores towards non- performing assets. The non-interest income portfolio registered a growth of 100 per cent to Rs. 107.63 crores from Rs. 53.66 crores. Interest income grew by 16.26 per cent to Rs. 511.75 crores from Rs. 440.18 crores. Send this article to Friends by E-Mail
Section : Business Previous : 47 p.c. growth for State Bank of Hyderabad
Front Page \| National \| Southern States \| Other States \| International \| Opinion \| Business \| Sport \| Miscellaneous \| Magazine New \| Open Page New \| Education New \| Business New \| SciTech New \| Entertainment New \| Classifieds \| Employment \| Index \| Home
Copyright © 2001 The Hindu Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu