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Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?

To: Mohan Marette who wrote (8039)	10/10/1999 2:53:00 PM
From: Mohan Marette	Read Replies (1) \| Respond to of 12475

Times Bank net up 61% timesbank.com 1999-10-10 18:05:50 (Probity) The net profit of Times Bank has grown by 61% in the first half of 1999-2000. The bank said on Sunday that it recorded a net of Rs195.3mn compared to Rs121.3mn during the same period last year. The bank`s total income in the six-months ended September 1999 increased 24% yoy to Rs1.94bn. The ratio of net non-performing assets as a percentage of loans and advances declined to 2.54% as on September 30, 1999 against 3.01% last year. The total deposits of the bank also grew 25% to Rs28.79bn, while loans and advances grew 51% to Rs15.38bn during the same period last year.