United Bank has reported results for the second quarter ended September 30, 2013.
The bank has reported a net loss of Rs 489.47 crore for the quarter as compared to a net profit of Rs 144.63 crore for the same quarter in the previous year. However, total income of the bank has increased by 13.60% at Rs 2876.77 crore for quarter under review as compared to Rs 2532.39 crore for the quarter ended September 30, 2012.
Gross non-performing assets (NPAs) increased to 7.52% in the July-September quarter as against 3.88% in the same quarter previous year, Meanwhile, net NPAs has increased to 5.39%.
| Company Name | CMP |
|---|---|
| SBI | 1094.10 |
| PNB | 112.80 |
| Canara Bank | 140.90 |
| Bank Of Baroda | 276.05 |
| Union Bank Of India | 179.65 |
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