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UTI Bank pays 28 p.c.
UTI Bank has registered a net profit of Rs. 116.54 crores for the quarter ended March 31, 2005 against Rs 87.09 crores for the quarter ended March 31, 2004. Total income has increased to Rs. 722.42 crores from Rs. 516.23 crores.
The bank has posted a net profit of Rs. 334.58 crores for the year ended March 31, 2005 against Rs. 278.31 crores for the year ended March 31, 2004. Total income was at Rs. 2,339.98 crores (Rs. 2,138.69 crores). The directors haves recommended a dividend of Rs 2.80 per share (28 per cent) for the year ended March 31, 2005 against 25 per cent in the previous year.
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