Brief: India's Tamilnad Mercantile Bank Dec-Qtr Net Profit Rises

Tamilnad Mercantile Bank

23/01/2023 07:15

Jan 23 (Reuters) - Karur Vysya Bank Ltd  KARU.NS :
    * INDIA'S TAMILNAD MERCANTILE BANK DEC-QUARTER NET PROFIT
2.80
BILLION RUPEES VERSUS 2.03 BILLION RUPEES
    * TAMILNAD MERCANTILE BANK DEC-QUARTER INTEREST EARNED 10.12
BILLION RUPEES VERSUS 9.59 BILLION RUPEES
    * TAMILNAD MERCANTILE BANK DEC-QUARTER PROVISIONS AND
CONTINGENCIES 329.2 MILLION RUPEES VERSUS 1.13 BILLION RUPEES
    * TAMILNAD MERCANTILE BANK DEC-QUARTER GROSS NPA 1.70%
VERSUS
1.70% PREV QUARTER
    * TAMILNAD MERCANTILE BANK DEC-QUARTER NET NPA  0.75% VERSUS
0.86%
PREV QUARTER

Source text for Eikon:  ID:nBSE1jsdbx 
Further company coverage:  KARU.NS 
 ((Reuters.Briefs@thomsonreuters.com;;))