The total income of the bank rose to Rs 4,852.6 crore in the April-June quarter from Rs 3,978.2 crore in the same period of last year.
State-owned Corporation Bank today reported 2 percent rise in net profit at Rs 377.9 crore for the first quarter ended June, 2013.
The bank had earned net profit of Rs 370.2 crore in the April-June quarter of 2012-13, Corporation Bank informed BSE.
The total income of the bank rose to Rs 4,852.6 crore in the April-June quarter from Rs 3,978.2 crore in the same period of last year. As of June 30, 2013, the bank's gross non-performing assets (NPAs) rose to 2.37 percent of gross advances as against 1.71 percent in the same quarter of the previous fiscal.
It's net non-performing assets also rose to 1.65 percent from 1.20 percent. The bank's Capital Adequacy Ratio (CAR) as of June 30 stood at 12.10 percent.
READ MORE ON Corporation Bank, net profit, total income, non-performing assets, Capital Adequacy Ratio
Set email alert for
ADS BY GOOGLE
video of the day
Rupee weakness modest, see yields at 7.60% in Q1: Deutsche