City Union Bank net profit rises 15% to Rs 182 crore in Q2

3 years ago 532

Net involvement  income grew 1%, from Rs 475 crore to Rs 478 crore, and nett  involvement  borderline   stood astatine  4.03%.

City Union Bank (CUB) connected Friday reported a 15% summation successful its nett net to Rs 182.10 crore for the 2nd 4th of the existent fiscal, against Rs 157.66 crore successful the year-ago period. Total income stood astatine Rs 1,224.94 crore, compared with Rs 1,230.27 crore, registering a marginal decrease.

The slope successful a connection said its gross NPA went up to 5.58% from 3.44% successful the aforesaid play past year. The nett NPA besides accrued to 3.48% from 1.81%.

Net involvement income grew 1%, from Rs 475 crore to Rs 478 crore, and nett involvement borderline stood astatine 4.03%.

However, involvement income was little by 3.65% astatine Rs 1,022.19 crore, against Rs 1,060.95 crore.

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