 "Vijaya Bank Q4 net profit falls 26% to Rs 71 cr")
Total income of the bank declined to Rs 3,228.48 crore in the quarter, against Rs 3,408.12 crore in the year-ago period.
For entire financial year, the bank’s net profit slipped to Rs 381.80 crore compared with Rs 439.41 crore in FY15.
Also Read
Total income also declined to Rs 12,957.44 crore during FY16 from Rs 13,152.49 crore in FYl5.
As far as asset quality of the bank was concerned, gross non-performing assets (NPAs) as a percentage of total advances rose to 6.64 per cent from 2.78 per cent in the corresponding quarter a year ago.
Net NPAs also increased to 4.81 per cent, against 1.92 per cent at the end of March 2015.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%