Karnataka Bank has reported results for third quarter ended December 31, 2012.
The company has reported 11.13% rise in its net profit at Rs 80.07 crore for the quarter ended December 31, 2012 as compared to Rs 72.05 crore for the same quarter in the previous year. Total income of the company has increased by 19.02% at Rs 1050.58 crore for quarter under review as compared to Rs 882.72 crore for the quarter ended December 31, 2011.
Karnataka Bank is an old private sector bank which was set up in 1924. The bank had 510 branches and 409 ATMs spread across 20 states and 2 UTs across the country. Majority of the branch network is in the state of Karnataka.
