City Union Bank has reported results for second ended September 30, 2012.
The bank has reported 3.74% rise in its net profit at Rs 80.42 crore for the quarter ended September 30, 2012 as compared to Rs 77.52 crore for the same quarter in the previous year. Total income of the bank has increased by 29.50% at Rs 596.03 crore for quarter under review as compared to Rs 460.24 crore for the quarter ended September 30, 2011.
Gross non-performing assets (NPAs) of the bank stood at 1.24% for the quarter as against 1.18% in the same quarter of previous year .Net non-performing assets (NPAs) of the bank was at 0.60%, higher than 0.42% in the similar quarter of previous fiscal.
