Brief: India's Karnataka Bank Dec-Quarter Net Profit Rises

Karnataka Bank

28/01/2022 12:19

Jan 28 (Reuters) - Karnataka Bank Ltd  KBNK.NS :
    * INDIA'S KARNATAKA BANK DEC-QUARTER NET PROFIT 1.47 BILLION RUPEES VERSUS PROFIT 1.35 
BILLION
RUPEES YEAR AGO
    * KARNATAKA BANK DEC-QUARTER INTEREST EARNED 15.65 BILLION RUPEES VERSUS 15.96 BILLION
RUPEES YEAR
AGO
    * KARNATAKA BANK DEC-QUARTER PROVISIONS AND CONTINGENCIES 1.39 BILLION RUPEES VERSUS 2.24
BILLION
RUPEES YEAR AGO
    * KARNATAKA BANK DEC-QUARTER GROSS NPA 4.11% VERSUS 4.5% PREV QUARTER
    * KARNATAKA BANK DEC-QUARTER NET NPA 2.45% VERSUS 2.84% PREV QUARTER
    * KARNATAKA BANK PROVISION COVERAGE RATIO AS AT DEC 31, 2021 STOOD AT 73.74%

Source text for Eikon:  ID:nBSE5gL0yY 
Further company coverage:  KBNK.NS 

 ((Reuters.Briefs@thomsonreuters.com;))