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Visakapatnam:
InduSind Bank is planning to open 20 more branches
during the current financial year and the half-yearly
net profit of the bank has gone up to Rs 100.87 crore
from Rs 42.86 crore during the corresponding period last
year.
This was stated by InduSind
Bank assistant vice-president K S Sastry at a press meet
at the Gajuwaka branch near here. He said it translated
into an annualised earnings per share of 9.16 on an equity
base of Rs 220 crore. The capital adequacy ratio of the
bank stood at 17.55 per cent
He
said the bank had opened 15 new branches of late and four
additional extension counters, taking the total to 56
branches and 12 counters in the country. The bank had
set up 32 off-site ATMs during the year, taking the total
to 77.
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