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Karur Vysya Bank Q4 net up 8% at Rs 158.58 cr

By Religare
|

Karur Vysya Bank on Friday reported a growth of 8 per cent in net profits for the fourth quarter ended March 2013 at Rs 158.58 crore, with steep rise in provisioning against bad loans limiting the growth during the period.

The net profit of the bank stood at Rs 146.8 crore during the corresponding period of last fiscal, said Karur Vysya Bank in a filing to the BSE on May 24, 2013.

 

Net Interest Income of the bank rose 19 per cent to Rs 310.32 crore during Q4 FY'13 from Rs 261 crore during Q4 FY'12.

Gross NPA ratio of bank improved to 0.96 per cent as at March 31, 2013 from 1.33 per cent as at March 31, 2012.

Read more about: karur vysya bank
Story first published: Friday, May 24, 2013, 23:41 [IST]
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