BOBL net up to Rs 13.54 crore
Our Banking Bureau
21 October 2003
Chennai:
The city-based Bharat Overseas Bank (BOBL) has clocked
a net profit of Rs 13.54 crore during the first half of
the current fiscal as against Rs 9.02 crore posted for
the corresponding period last year.
The
bank's operating profit for the period under review
stood at Rs 29.63 crore.
According
to the bank, the total volume of business stood at Rs
3,473 crore (deposits: Rs 2,211 crore; advances: Rs
1,262 crore).
The
credit:deposit ratio is 57.09 per cent and the capital
adequacy ratio is 13.24 per cent.
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