Business - Briefly   

Corporation Bank reaches new milestone

MUMBAI: Total business of Corporation Bank has crossed the Rs. 1-lakh crore mark and stood at Rs. 1,03,824 crore as on September 30, 2008 against Rs. 78,408 crore in the same period in the previous year. Total income has risen by 30 per cent to Rs. 1,623.13 crore from Rs. 1,246.93 crore and the net profit by 30.13 per cent to Rs. 191.51 crore from Rs. 161.38 crore. The capital adequacy ratio as on September 30, 2008 was at 11.75 per cent against 12.09 per cent as on March 31, 2008. The Tier I ratio as on September 30, 2008 was 9.60 per cent.

Printer friendly page  
Send this article to Friends by E-Mail

Stories in this Section

Samvat 2065 starts on optimistic note
Honeywell focusses on residential segment
Jewellery industry in tight spot
Trans-India to buy major stake in Solar
SBI posts 40 % growth in second quarter net profit
Modest rise in ICICI Bank’s net
Bullion Rates
Four Soft second quarter net profit rises
Sundaram Finance first half profit rises
Corporation Bank reaches new milestone
Karur Vysya Bank Q2 net up
Syntel third quarter revenue up 18 %
Ramco Systems income up

Copyright © 2008, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu