THE JAMMU AND KASHMIR BANK LTD
Article Abstract:
The Jammu and Kashmir Bank Ltd, Srinagar, has reported a capital adequacy ratio of 20.48 percent during 1997-98. Its the earnings per share is estimated at Rs16.79 while the net non performing assets were at 4.57 percent. (ag) ------------------------------------------------------------ Audited Financial Performance of The Jammu and Kashmir Bank Ltd (Rs in crore) ------------------------------------------------------------ Particulars 1997-98 1996-97 ------------------------------------------------------------ Income: ------------------------------------------------------------ Interest Earned 530.57 399.59 ------------------------------------------------------------ Other Income 57.49 29.73 ------------------------------------------------------------ Total 588.06 429.32 ------------------------------------------------------------ Expenditure: ------------------------------------------------------------ Interest Expended 328.85 252.32 ------------------------------------------------------------ Operating Expenses 98.04 84.27 ------------------------------------------------------------ Provisions and Contingencies 110.80 67.73 ------------------------------------------------------------ Total 537.69 404.32 ------------------------------------------------------------ Net Profit for the year 50.37 25.00 ------------------------------------------------------------ Equity Capital 30.00 7.00 ------------------------------------------------------------ Deposits 4,882.00 3,658.00 ------------------------------------------------------------ Advances 2,158.00 1,694.00 ------------------------------------------------------------ Reserves excluding revaluation reserves 245.37 170.24 ------------------------------------------------------------
Comment:
Posts capital adequacy ratio of 20.48% during 1997-98 with earnings per share estimated at Rs16.79
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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CENTRAL BANK OF INDIA
Article Abstract:
Central Bank of India has declared its financial results for the year ended March 31, 1998. (khr) --------------------------------------------------------- Financial results of Central Bank of India (Rs in crore) --------------------------------------------------------- Particulars 1997-98 1996-97 --------------------------------------------------------- Net capital and reserves 1622 1090 --------------------------------------------------------- Deposits 26373 23051 --------------------------------------------------------- Advances 10678 8790 --------------------------------------------------------- Interest earned 2842 2531 --------------------------------------------------------- Net profit 175 151 ---------------------------------------------------------
Comment:
Posts net capital & reserves of Rs1622 crore for year ended 3/31/98, up compared to Rs1090 crore in 1996-97
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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