The Board of Directors of Vijaya Bank today approved the reviewed financial results of the Bank for the Quarter ended 30th September 2018.
Vijaya Bank MD & CEO Sri R. A. Sankara Narayanan (centre) announced the Bank’s Financial Results for the Second Quarter of FY 2018-19 ended on 30.09.2018 at Bangalore today (29.10.2018) in the presence of Executive Directors Sri Y. Nageswara Rao (right) and Sri Murali Ramaswamy..
Q2 HIGHLIGHTS fY-o-Y)
Gross Advances up by 36.98% at Rs.129040 Cr
Gross Deposits up by 25.47% at Rs.167628 Cr
Total business up by 30.23% at Rs. 296668 Cr
Operating Profit up by 3.39% at Rs. 759 Cr
Net Profit at Rs. 140 Cr.
Net Interest Income up by 15.58% at Rs. 1166 Cr
Retail Credit up by 26.67%
Housing loans portfolio up by 31.13%
Gross NPA down from 7.06% to 5.86%
Net NPA down from 4.86% to 3.81%
Provision Coverage Ratio improved to 62.65% from 59.29%
CRAR (Basel III) at 13.56% from 13.31%
CD Ratio improved from70. 52% to 76.98%
City Today News
(Tj vision media)