DAILY NEWS

BANKING CORPORATION BANK - Financial Results for the Quarter / Half year ended 30th September 2012 Nov 9, 2012 by Prashant Kapadia Shri Ajai Kumar, Chairman and Managing Director, Corporation Bank, announced the performance of the Bank after the adoption of the financial results for the  quarter /half year ended 30thSeptember 2012 by the Board of Directors. 1.  Aggregate Business: Total Business of the Bank as on 30.09.12stood at  `241,899 crore as compared to `202,247 crore as at 30.09.2011. The total business increased by  `39,652 crore with a growth rate of  19.6%  on   y-o-y basis. Business per employee has gone up from  `15.47 crore as at 30.09.2011 to `17.41 crore as at 30.09.2012 Business per Branch has improved from `147.09  crore as at  30.09.2011 to `151.09 crore as at 30.09.2012. 2. Deposits: Deposits of the Bank increased to `143,738 crore as at 30.09.12  f...

BANKING BANK OF INDIA ANNOUNCES FINANCIAL RESULTS FOR THE QUARTER/HALF YEAR ENDED SEPTEMBER 2012 Oct 29, 2012   Operating Profit of Q2 increased by  19.50%, Y-O-Y   Operating Profit of H1 increased by 19.68%, Y-o-Y  Net Profit of H1 increased by 17.91%, Y-O-Y   Non-Interest Income of Q2 grows by 6.21%, Y-O-Y Parameters Q2 2011-12 Q2 2012-13 %age Growth H1 2011-12 H1 2012-13 %age Growth Operating Profit 1552 1854 19.5 2947 3528 19.7 Net Profit 491 302 -38.5 1009 1189 17.9 Non Interest Income 842 894 6.2 1502 1735 15.5 CASA %age 31.64 32.77 - 31.64 32.77 - Ø  Global Business increased from Rs.5,16,025 crore as at September 2011 to Rs.5,93,073 crore as at 30th September,2012 (Growth: 14.9%). Ø  Global Deposits increased from Rs.2,99,074 crore as at September 2011 to  Rs.3,32,695 crore  (Growth: 11.2%) and Global Advances increased from Rs.2,16,951 crore as at September...