10 Updates

SBT net profit up by 31 percent in Q3

Jan 28 2013, 5:36am CST | by

Thiruvananthapuram, Jan 28 (IANS) The State Bank of Travancore (SBT), has posted a net profit of Rs.132 crore or 31 percent in the third quarter of the current fiscal, up from Rs.101 crore in the corresponding quarter of the previous year.

Thiruvananthapuram, Jan 28 — The State Bank of Travancore (SBT), has posted a net profit of Rs.132 crore or 31 percent in the third quarter of the current fiscal, up from Rs.101 crore in the...

Filed under: news

 
 
 

1 year ago

SBT net profit up by 31 percent in Q3

Jan 28 2013, 5:36am CST | by

Thiruvananthapuram, Jan 28 (IANS) The State Bank of Travancore (SBT), has posted a net profit of Rs.132 crore or 31 percent in the third quarter of the current fiscal, up from Rs.101 crore in the corresponding quarter of the previous year.

Thiruvananthapuram, Jan 28 — The State Bank of Travancore (SBT), has posted a net profit of Rs.132 crore or 31 percent in the third quarter of the current fiscal, up from Rs.101 crore in the corresponding quarter of the previous year.

"Growth in advances resulting in a higher net interest income aided the bank to achieve a growth in the net profit," P. Nandakumaran, managing director of the bank, said Monday.

At the end of the third quarter of the current fiscal, the net operating income of the bank rose from Rs.1,799 crore to Rs.1,975 crore, a growth of 9.75 percent on the year-on-year basis.

Gross non-performing assets (NPAs) increased to 3.04 percent from 2.82 percent at the end of the corresponding period last year, while net NPAs stood at 1.83 percent against 1.64 percent.

The total business of SBT, an associate of the State Bank of India, stood at Rs.1,45,603 crore and deposits increased by 21 percent to touch Rs.80,043 crore.

NRI deposits registered an impressive growth of Rs.4,518 crore showing a year-on-year growth of 32 percent.

The gross advances rose by 17 percent to reach Rs.65,560 crore.

The bank has linked the accounts of more than one lakh customers to their Aadhaar numbers.

The bank has increased its presence in another 75 new centres in 2012-13 period, taking the total number of branches to 954, including 734 in Kerala.

IANS

Source: IANS

 
Update
10

6 weeks ago

RM47mil KWSG contributions still unclaimed

Jun 9 2014 7:54am CDT | Source: Business Times Malaysia

Cambodia's Famous Battambang Circus
KUALA LUMPUR: About RM47 million of contributions in the Teachers Provident Fund (KWSG) still remain unclaimed, the Dewan Rakyat was told today. ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
9

6 weeks ago

Gold shop lost almost RM1mil

Jun 9 2014 3:50am CDT | Source: Business Times Malaysia

Sydney FC v West Ham United - Football United New Zealand Tour 2014
KANGAR: A gold shop owner lost almost RM1 million after after the safe on in his shop was broke ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
8

6 weeks ago

Motion to debate MAS losses in Dewan Rakyat rejected

Jun 9 2014 3:39am CDT | Source: Business Times Malaysia

Federal Aviation Administration Bans All US Flights To Israel
KUALA LUMPUR: AN emergency motion to debate the losses incurred by Malaysia Airlines last year, amounting to RM1.2 billion was rejected by the ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
7

6 weeks ago

MH370 Tragedy: Hisham: RM27.6 mil spent on 1st phase of SAR

Jun 9 2014 2:11am CDT | Source: Business Times Malaysia

KUALA LUMPUR: Malaysia spent some RM27.6 million in its first phase of the search operations for missing Malaysia Airline flight MH370, said Acting Transport Minister, Da ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
6

6 weeks ago

9.1m litres of diesel seized in a month

Jun 8 2014 1:11am CDT | Source: Business Times Malaysia

INDIA-CHINA-DIPLOMACY-TRADE
PUTRAJAYA: The Domestic Trade, Cooperatives, and Consumerism ministry has seized some 9.1 million litres of diesel and property worth RM58 million since mounting ‘Operasi Diesel Selatan’ in the southern ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
5

7 weeks ago

Girl, 9, awarded RM2.78m compensation for medical negligence

Jun 6 2014 4:56am CDT | Source: Business Times Malaysia

Government Weekly Cabinet Meeting
KUALA LUMPUR: A nine-year-old girl who suffered brain damage during her birth at a government hospital was awarded over RM2.78 million in compensat ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
4

7 weeks ago

Malaysia's total trade in April up 12pc

Jun 5 2014 11:52pm CDT | Source: Business Times Malaysia

KUALA LUMPUR: Malaysia's total trade in April 2014 rose by 12 per cent from a year ago to RM123.86 billion due to growing trading activities, International Trade and Industry ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
3

7 weeks ago

Works Ministry to spend RM20m for upgrading works at 50 accident black spots

Jun 4 2014 11:35pm CDT | Source: Business Times Malaysia

Iskandar Johor Open - Previews
JOHOR BARU: The Works Ministry will implement upgrading works at 50 accident prone locations in the country that have been identified this year involving an al ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
2

7 weeks ago

Najib launches loan scheme for Ramadan traders

Jun 4 2014 10:24pm CDT | Source: Business Times Malaysia

EurAsia Cup presented by DRB-HICOM - Day One
PUTRAJAYA: Prime Minister Datuk Seri Najib Razak today launches RM45 million Ramadan Bazaar Scheme ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
1

7 weeks ago

Residents bring up objection against Kidex to Suhakam

Jun 4 2014 4:49am CDT | Source: Business Times Malaysia

PETALING JAYA: A group of 20 Petaling Jaya residents held a meeting with the Human Rights Commission of Malaysia (Suhakam) over their objection against the proposed RM2.2 billion Kinrara Damansara Skyway ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 

Don't miss ...

 

<a href="/latest_stories/all/all/8" rel="author">Luigi Lugmayr</a>
Luigi is the founding Chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.

 

blog comments powered by Disqus

Latest stories

Erotic thoughts key to female orgasm: Study
London, July 26 (IANS) Women who miss on orgasm should focus more on their their bodily sensations during intercourse and try to have more erotic thoughts during the act, a fascinating study reveals.
 
 
Consumers who feel 'special' hunt for unique products
Hong Kong, July 26 (IANS) Consumers who attribute their successes to internal character traits rather than hard work are more likely to feel 'special' and hunt for unique products, says a study by a team of researchers involving an Indian-origin professor.
 
 
Climate change to affect global crop production
Washington, July 26 (IANS) The world faces a significant risk over the next two decades of a major slowdown in the growth of crop yields because of climate change, new research shows.
 
 
Bees physically transfer heat to stay cool
New York, July 26 (IANS) To protect their young ones from heat, honey bees can absorb heat from the brood walls just like a sponge and later transfer it to a cooler place to get rid of the heat from their bodies, says a study.
 
 
 

Latest from the Network

Apple Confesses about the Potentiality of Extracting of Significant User Data from iPhone
The iPhone is once again found with a security issue, as Apple admits that important user data, including text, photos and contacts, can be obtained by the person having extraction expertise.According to the...
Read more on Apple Balla
 
Sushma Swaraj meets Nepali leaders as joint commission meet starts
Kathmandu, July 26 (IANS) The third meeting of the Nepal-India Joint Commission at the foreign minstry-level started here Saturday after a hiatus of 23 years. Indian External Affairs Minister Sushma Swaraj, who...
Read more on Politics Balla
 
Indian culture flying high at Games (Glasgow diary)
Glasgow, July 26 (IANS) Along with sporting glory, India's rich culture and heritage is also the toast of the Commonwealth Games with an exhibition celebrating Glasgow's part in the Closing Ceremony of the Games in...
Read more on Sport Balla
 
New Images Revealed Volume/Power Flex Cable and SIM Card Tray for the 5.5-Inch iPhone 6
The internal components of the 5.5-inch iPhone 6 have been revealed for the very first time, as new photos show the volume and power flex cable for the device, along with the SIM card tray.According to Mac Rumors, the...
Read more on Apple Balla
 
Liv Tyler dating David Beckham's pal
Liv Tyler is dating David Beckham's best friend. 'The Leftovers' actress - the daughter of Aerosmith rocker Steven Tyler - has reportedly struck up a romance with Dave Gardner, who previously dated Rita Ora, after being...
Read more on Celebrity Balla
 
Peaches Geldof's husband abandons home
Peaches Geldof's husband is too traumatized to return to their marital home following her death. Musician Thomas Cohen has reportedly not visited the couple's £1.2 mansion in Wrotham, Kent, in 15 weeks after he...
Read more on Celebrity Balla
 
Mariah Carey sells Bel Air mansion
Mariah Carey and Nick Cannon have sold their Bel Air mansion for over $10 million. The superstar singer and her TV presenter spouse have earned a cool $3 million profit by selling their lavish estate, according to TMZ....
Read more on Celebrity Balla
 
CWG: Judokas Pathania, Parikshit in quarters; Avtar out
Glasgow, July 26 (IANS) India's Sahil Pathania (-100kg) and Parikshit Kumar (+100kg) advanced to the quarterfinals of the men's judo event but compatriot Avtar Singh lost in the men's -90kg round of 16 of the 2014...
Read more on Sport Balla
 
Jenny McCarthy's son called police on her
Los Angeles, July 26 (IANS) Actress Jenny McCarthy was reported to the police by her son for texting while driving. The former Playboy model admits Evan, 12, whom she has with ex-husband John Asher, once reported her...
Read more on Celebrity Balla
 
Drink tea for thinner body, beautiful skin
London, July 26 (IANS) Drinking tea can be beneficial mentally, emotionally, socially and physically. Scientific research testifies to the health benefits of all kinds of tea, which not only help with beauty factors...
Read more on Celebrity Balla