City Union Bank’s net profit increased 18.3%

In the third quarter of fiscal year 2013 from 18.3 per cent to Rs 85.2 crore City Union Bank net profit of Rs. Last year’s October-December net profit of the bank was Rs 72 crore.
Fiscal Year 2013 October-December quarter rose by 33.1 per cent in the City Union Bank interest income 163.43 crore. The bank’s interest income in the third quarter of last year was 122.8 million.
Quarter – by – quarter October-December in the City Union Bank’s gross NPAs increased from Rs 166.1 crore to Rs 178.7 crore. However, the bank’s net NPAs increased from 80.7 million to 91.4 million.
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