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SIB net up 90% to Rs 35 crore

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BS Reporter Kochi
20062007 Total income500668 Net profit1936 Total business17,81623,079 Deposits10,85913,932 Advances6,9589,147  The deposits went up by 28.30 per cent from Rs 10,859 crore to Rs 13,932 crore, while the advances increased by 31.46 per cent from Rs 6,958 crore to Rs 9,147 crore.  The bank earned a total income of Rs 668 crore, up by 33.60 per cent compared with Rs 500 crore in the year-ago period. The chairman highlighted a sharp drop in the net non-performing assets (NPAs) to 0.71 per cent.  The net NPAs were above 6 per cent four years ago, he said, adding that the bank

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First Published: Oct 11 2007 | 12:00 AM IST

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