Income increased to Rs 567.55 crore during the review period….
CSB Bank’s net profit doubled to Rs 68.9 crore in the second quarter of the current financial year. The bank had a profit of Rs 24.6 crore in the July-September quarter of the previous financial year. In the information given to the stock market, the bank said that its income increased to Rs 567.55 crore during the review period. Whereas in the same period last year it was Rs 431.07 crore.
The gross non-performing assets (NPAs) of the bank stood at 3.04 per cent, or Rs 387.42 crore, of its gross debt. Whereas it was 2.86 per cent i.e. Rs 326.20 crore in the same period of last financial year, the net NPA of the bank was Rs 163.52 crore (1.30 per cent) as against Rs 221.51 crore (1.96 per cent) in the same period last year.
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