Tuesday, May 1, 2012

VIJAYA BANK FINANCIAL RESULTS FOR 2011-12.

Total business at all time high of Rs.1,41,727 crores. 
Deposits grew by 13% to Rs.83056 crores.
Advances grew by19% to Rs.58671 crores. 
Operating profit Rs.1,230 crores as against Rs.1047 crores last year.
Net Profit is at Rs.581 crores as against Rs.524 crores last year.
Gross NPA is 2.93% as against 2.56% last year.
Net NPA is at 1.72% as against 1.52% last year.
Return on assets (aanualised) is at 0.66% compared to 0.72% last year.
Addressing the media Mr.H.S.Upendra Kamath,CMD of the bank said that "calibrated approach
towards improving the business,containing delinquency of borrowal accounts and costs has resulted in better performance even in the dwindling economic scenario".Ms.Subhalakshmi Panse,Executive Director of the bank  was also present.

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