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Vijaya Bank net up 24 percent in third quarter
Friday, 23 January 2009, 21:40 IST
Bangalore: State-run Vijaya Bank Friday reported a net profit of 
1.57 billion (157 crore/$32 million) for the third quarter this fiscal, compared to 1.27 billion a year ago, a growth of 24 percent.
Total income for the quarter under review increased to 16.35 billion from 11.39 billion, posting 43.5 percent year-on-year growth.
Interest earned increased 38 percent to 13.77 billion during the October-December period from 9.98 billion a year ago.
Interest expended during the quarter was 10.64 billion as against 8.03 billion in the year-ago period, an increase of 32 percent.
Source: IANS
1.57 billion (157 crore/$32 million) for the third quarter this fiscal, compared to 1.27 billion a year ago, a growth of 24 percent.
Total income for the quarter under review increased to 16.35 billion from 11.39 billion, posting 43.5 percent year-on-year growth.
Interest earned increased 38 percent to 13.77 billion during the October-December period from 9.98 billion a year ago.
Interest expended during the quarter was 10.64 billion as against 8.03 billion in the year-ago period, an increase of 32 percent.
Source: IANS