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May 25, 2012, 01.40 PM IST
Private sector lender Karur Vysya Bank's net profit increased 28% year-on-year to Rs 147 crore for the fourth quarter of FY12.
Net interest income went up 23.7% to Rs 261 crore from Rs 211 crore during the same period. Gross non-performing assets (NPAs) declined at 1.33% versus 1.45% quarter-on-quarter, but net NPAs increased at 0.33% as against 0.29% QoQ. Capital adequacy ratio improved at 14.33% for the January-March quarter of 2012 versus 13.25% in previous quarter. Karur Vysya Bank has declared a dividend of Rs 14 a share.
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