Total income of the bank has increased to Rs 3,414.25 crore from Rs 3,056.91 crore in the previous year, while total expenditure has increased to Rs 2,611.79 crore (Rs 2,466.66 crore). Capital adequacy ratio has reached 12.82 per cent. And net non performing assets has come down substantially to 2.71 per cent from 6.15 per cent in the previous year. During the year, cash recoveries were to the tune of Rs 320 crore.
The total business of the bank has crossed Rs 45,000-crore mark touching Rs 45,379 crore. While, deposits had gone up to Rs 30,444 crore, advances had increased to Rs 14,935 crore. MBN Rao, chairman and managing director of the bank said, the bank has been very active on the retail segment.