.@VijayaBankIndia Q4 FY 2017-18 net profit stood at Rs.207 cr up by 1.6% from Rs.204 cr in Q4 FY 2016-17 pic.twitter.com/WU18vVzOzJ— Press Release Watch (@PrReleaseWatch) May 7, 2018
FY 2017-18 HIGHLIGHTS (Y-o-Y)
Total business up by 20.07%
Gross Advances up by 22.57% at Rs.118677 Cr
Total Deposits up by 18.25% at Rs.157288 Cr
Operating Profit zooms to record high of Rs.3098 Cr
Net profit for Q4 Mar 18 at Rs.207 Cr against Rs.80 Cr in Q3 Dec 17
Net Interest Income up by 22.73% at Rs.4303 Cr
NIM increased from 2.77% to 3.10%
Retail Credit up by 24.98%
Housing loans portfolio up by 30.50%
Gross NPA down from 6.59% to 6.34%
Net NPA down from 4.36% to 4.32%
Provision Coverage Ratio increased to 59.39%
CRAR (Basel III) at 13.90%
Bank has not availed the dispensations for
a) Reduction in NCLT provisions
b) Staggering of Staff Gratuity provisions
c) Mark to Market