Former TMC MP Krishna Bose passes away at the age of 89 | Key road connecting Noida and Faridabad reopened by Shaheen Bagh protesters | Wellington Test: Rain forces play to stop on day 1, India struggle at 122/5 | Woman who raised pro-Pakistan slogan at Asaduddin Owaisi's rally charged with sedition | Sheila Dikshit's son Sandeep calls for change in Congress leadership, receives support from Shashi Tharoor |
Andhra Bank registers Rs 122 cr profit for quarter ended Sep 30

Wikimedia Commons

Andhra Bank registers Rs 122 cr profit for quarter ended Sep 30

India Blooms News Service | @indiablooms | 08 Nov 2019, 05:57 pm

Hyderabad/UNI: Andhra Bank has posted a net profit of Rs 122 crores for the quarter ended September 30, 2019.

This profit accounted for a 35 per cent growth over the first quarter performance ended June, 2019, a bank statement said on Thursday.

The total deposits of the Bank stood at Rs 2,17,970 crore during the quarter as compared to Rs 2,06,697 crore during the same quarter last year by posting 5.45 per cent growth.

The total business of the bank stood at Rs 3,95,068 crore as compared to Rs 3,75,534 crore during the same period last year by posting 5.20 per cent growth.

Net NPAs were 5.95 per cent as compared with 5.73 per cent at the end of March 2019, the statement added.

The Bank has 2876 number of branches (rural 749, SU 763, Urban 652 and Metros 712) and 4 extension counters, and 3798 number of ATMs/BNAs/CRs. The total number od delivery channels of the Bank was 6678.

Agricultural Credit registered a Year-on-Year growth of 7.73 per cent and stood at Rs 35,961 crore, the statement added.  

Andhra Bank registers Rs 122 cr profit for quarter ended Sep 30

India Blooms News Service
Comments ()

Post your comment:

Loading...
Web Analytics