Financial Results for the Quarter ended 31st December 2018

Bengaluru, 23rd Jan, 2019:

The Board of Directors of Vijaya Bank today approved the reviewed financial results of the Bank for the Quarter ended 31st December 2018.

Q3 HIGHLIGHTS (Y-o-Y)

Gross Advances up by 19.90 % at Rs.132634 Cr

Gross Deposits up by 26.32 % at Rs.174615 Cr

Total business up by 23.47 % at Rs . 307248 Cr

Net Profit up by 80.21 % at Rs.143 Cr .

Net Interest Income up by 2.85 % at Rs.1187 Cr

Retail Credit up by 23.40 %

Housing loans portfolio up by 24.61 %

Gross NPA down from 6.17 % to 6.14 %

Net NPA at 4.08 %

Provision Coverage Ratio improved to 61.93 % from 61.25 %

CRAR ( Basel III ) at 13.39 % from 12.26 %

CD Ratio at 75.96 %

City Today News

(citytoday.media)

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