Vijaya Bank has reported 34.1 per cent increase in net profit to Rs 154.55 crore in the second quarter of the current fiscal, its net profit in the July-September quarter of 2015-16 was Rs 115.29 cr. Provisions for bad loans and contingencies were increased by to Rs 389.82 crore for this quarter.
Its gross non-performing assets (NPAs) rose to 7.07 per cent of the gross advances as of September 2016.
Vijaya Bank's Q2 net profit up 34% pic.twitter.com/H4lC64FeKA— Press Release Watch (@PrReleaseWatch) October 27, 2016
Its gross non-performing assets (NPAs) rose to 7.07 per cent of the gross advances as of September 2016.
