State Bank of Travancore has reported results for third quarter ended December 31, 2013.
The bank has reported 88.82% fall in its net profit at Rs 14.76 crore for the quarter as compared to Rs 131.99 crore for the same quarter in the previous year. However total income of the bank has increased by 13.27% at Rs 2601.99 crore for quarter under review as compared to Rs 2297.16 crore for the quarter ended December 31, 2012.
The bank’s gross NPA for the December 31, 2013 quarter of the current fiscal stood at 4.41%, as compared to 3.04% in the same quarter of the previous year. Besides, bank’s Net NPA stood at 2.73% as compared to 1.83% in the same quarter of the previous year.
