Dena Bank aims total biz of Rs 1.5 lakh cr in FY13
Agencies: Mumbai , Nov 11 2012, 16:19 IST
expects reduction in cost of deposits to reflect on margin in the current quarter.
Dena Bank today reported a 23.79 per cent rise in net profit to Rs 239.64 crore in the second quarter of current financial year on the back of increase in core income along with sound performance of standard assets.
Net profit of the bank stood at Rs 193.58 crore in the same period last fiscal.
Total income of the bank increased by 33.23 per cent to Rs 2,327.84 crore in July-September period, compared to Rs 1,747.19 crore reported in the same period a year ago.
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