State Bank of Travancore has reported results for second ended September 30, 2012.
The bank has reported 15.97% rise in its net profit at Rs 135.63 crore for the quarter ended September 30, 2012 as compared to Rs 116.95 crore for the same quarter in the previous year. Total income of the bank has increased by 24.03% at Rs 2203.92 crore for quarter under review as compared to Rs 1776.89 crore for the quarter ended September 30, 2011.
Gross non-performing assets (NPAs) of the bank stood at 2.98% for the quarter as against 2.84% in the same quarter of previous year .Net non-performing assets (NPAs) of the bank was at 1.74%, lower than 1.77% in the similar quarter of previous fiscal.
