Friday, August 10, 2012

State Bank of Patiala net up 87% - Q1

http://www.thehindubusinessline.com/industry-and-economy/banking/article3750317.ece

State Bank of Patiala (SBP) has reported a 87 per cent increase in net profit for the first quarter ended June 30, 2012 at Rs 224 crore (Rs 120 crore).
Total income for the quarter under review increased 30 per cent to Rs 2,539 crore (Rs 1,958 crore).
The bank has made a provision of 27 crore during the first quarter towards non-performing assets (NPAs).

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