VIJAYA BANK HALF YEARLY RESULTS

VIJAYA BANK RELEASED THE HALF YEARLY RESULTS. ADDRESSING THE MEDIA,Mr.ALBERT TAURO,CMD OF THE BANK SAID THAT THE BANK HAS ACHIEVED NET PROFIT OF Rs.108.43 CRORES A JUMP OF 36%.

OPERATING PROFIT UP BY55%.
NET INTEREST INCOME UP BY 35.33%.
NET INTEREST MARGIN AT 2.49%.
RETURN ON ASSETS AT 0.68%.
AGGREGATE BUSINESS Rs.95878 CRORES.
DEPOSITS : Rs.58115 CRORES,ADVANCES : Rs.37763 CRORES,
CAPITAL ADEQUACY RATIO : 13.44% (Basel-II)
CASA DEPOSITS : 24%
BOOK VALUE: Rs.68\-.
NUMBER OF BRANCHES : 1124
GROSS NPA RATIO : 2.91%
NET NPA RATIO : 1.46%
The bank is in growth path and they are confident of reducing the Net NPA by year end.
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