Financial Performance:
- Bank has made a Net Profit of ₹ 52 Crore during the quarter that ended September 2022 as against a Net Profit of ₹ 205.39 Crore in the quarter ended September 2021 registering a growth of 145.64%.
- The operating Profit of the Bank for the quarter of September 2022 stood at ₹ 78 Crore as against ₹ 1334.15 Crore for the quarter ended September 2021.
- The net Interest Income of the Bank for the quarter ended September 2022 has increased to ₹ 60 Crore from ₹ 1597.72 Crore for the quarter ended September 2021 registering a growth of 10.76%.
- Other Income of the Bank for the quarter ended September 2022 stood at ₹ 94 Crore as against ₹ 936.07 Crore for the quarter ended September 2021.
- The total Business of the Bank has increased to ₹ 92 Crore as on 30.09.2022 from ₹ 335237.94 Crore as on 30.09.2021 registering a growth of 12.55%.
- Total Deposits of the Bank has increased to ₹ 63 Crore as on 30.09.2022 from ₹ 213685.92 Crore as on 30.09.2021 registering a growth of 10.04%.
- CASA of the Bank (Domestic) stood at 39.57% as on 30.09.2022.
- Savings Deposits of the Bank has increased to ₹ 12 Crore as on 30.09.2022 from ₹ 72892.09 Crore as on 30.09.2021 registering a growth of 8.42%.
- Total Advances of the Bank stand at ₹ 28 Crore as on 30.09.2022 as against ₹ 121552.03 Crore as on 30.09.2021 registering a growth of 16.95%.
- The Gross NPA of the Bank has reduced to ₹ 92 Crore (6.58%) as on 30.09.2022 from ₹ 10909.79 Crore (8.98%) as on 30.09.2021 and from ₹ 9739.65 Crore (7.42%) as on 30.06.2022.
- The net NPA of the Bank has reduced to ₹ 29 Crore (1.99%) as on 30.09.2022 from ₹ 3854.33 Crore (3.37%) as on 30.09.2021 and from ₹ 3103.82 Crore (2.49%) as on 30.06.2022.
- The provision Coverage Ratio of the Bank has increased to 92.90% as on 30.09.2022 from 90.02% as on 09.2021 and from 91.96% as on 30.06.2022.
- The capital Adequacy Ratio of the Bank stood at 02% and the CET-I Ratio at 11.25% as on 30.09.2022.