Business   

All-time high net profit for SIB

Staff Reporter

THRISSUR: South Indian Bank (SIB) has registered an all-time high net profit of Rs.81.56 crore during a nine-month period that ended December 31, 2006.

The net profit for the third quarter that ended December 31, 2006, was Rs.24.84 crore as against Rs.20.65 crore for the corresponding period the previous year.

The total business of the bank has increased from Rs.14,726 crore to Rs.18,451 crore.

Deposits have increased from Rs.8,577 crore to Rs.10,925 crore, and advances from Rs.6,149 crore to Rs.7,526 crore, according to a bank press release received here.

Printer friendly page  
Send this article to Friends by E-Mail

Stories in this Section

Globalisation benefits must be equitable, says Silva
Wipro's third quarter net up 41 p.c. at Rs. 765 cr.
GE arm's hi-tech unit
Ordinance on SLR by month-end
Citigroup VC, G Sachs to invest in ICSA
Boeing names senior executives for India
Orascom claims `RoFR' in Hutch
Rupee rallies smartly
Narrow movements on BSE
Pact to finance small and medium enterprises
State Bank of Travancore net profit up 14 per cent
All-time high net profit for SIB
Exchange rates
Bullion rates
L&T signs joint venture pact with ATCO
M&M revises Scorpio, Bolero prices
Aviva Life ties up with IndusInd Bank
MCX-Rotary project for training
Cognizant in pact with Kimberly-Clark
Webaroo launches new website
IFCI to sell 21 p.c. stake in ICRA
Mittal to take 49 p.c. in Bhatinda refinery

Copyright © 2007, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu