Karur Vysya Bank's net profit during the first quarter of 2008-09 dropped by 56 per cent to Rs 30.54 crore from Rs 47.95 crore for the same period last year.


</p><tr><td><p class='TableClas'></p><P class='TableClas'><DIV CLASS=rightDiv><script language="JavaScript">
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		<script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
		</script> </DIV><p class='TableClas'>The Karur-based bank's operating profit increased by 20 per cent to Rs 79.95 crore as against Rs 66.23 crore.</P>
</p><p class='TableClas'>Total interest income in the first quarter increased by 27 per cent to Rs 327.67 crore from 256.18 crore. Interest on advances rose by 31 per cent to Rs 253.93 crore from Rs 193.62 crore. Other income was at Rs 48.73 crore.</P>
</p><p class='TableClas'>Net non performing assets (NPA) as a per centage of net advances was at 0.28 per cent as on June 30 compared to 0.25 per cent a year ago. The capital adequacy ratio of the bank was at 12.22 per cent.</P></p><p class='TableClas'></p></table>


Karur Vysya Bank's net dips 56% at Rs 30.54 cr

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