Karnataka Bank net profit up 29.16% to Rs 121.63 crore

Karnataka Bank on Wednesday reported net profit of Rs 121.63 crore in the first quarter ended June 30, 2014, a rise of 29.16 per cent, as compared to Rs 94.17 crore in the corresponding period last year. Karnataka Bank Managing Director and Chief Executive Officer, P Jayarama Bhat said, the business turnover of the bank for the quarter was Rs 71,620 crore marking a rise of 15.22 per cent as compared to June last year.Deposits rose 15.9 per cent from Rs 36,914.62 crore in the quarter ended June 30, 2013... Published By: Deccan Herald - Business - 4 days ago
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