State Bank of Patiala has recorded a 58.92% increase in gross profit. Gross Profit of the Bank has increased by 58.92% (year-on-year) from Rs 913.14 crore for the period ended December 2009 to Rs 1451.20 crore for the period ended December 2010.
Its Operating Profit has increased by 41.70% ie from Rs. 854.62 crore to Rs 1210.96 crores for the said period. Net profit has increased by 14% ie from Rs 375.90 crore to Rs 428.52 crore. Net Interest Income of the bank has also increased by 63.38% from Rs 1028.53 crore to Rs 1680.37 crore and Non Interest Income (Commission & Exchange) has gone up by 16.12% from Rs 304.98 crore to Rs 354.14 crores for the said period.
