Financial Results for the Quarter ended 30th September 2018

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)

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