Public sector lender Corporation Bank has posted a net profit for the period Q4 (ending Mar 11) of the current fiscal (FY10-11). During the said quarter, net profit rose 11% to Rs 345.33 crores in comparison to Rs 312.32 crores of Q4 (ending Mar 10) of previous year (FY09-10). Bank of India is a leading bank of the country. The Bank has 1155 branches in India spread over all states/ union territories. The Bank has 1079 automated teller machines (ATMs) and 1200 branchless banking units thereby having a total functional units of 3434.
The bank informed the share market (BSE/NSE) that the total income rose 29.52% to Rs 3045.78 crore in Q4 (ending Mar 2011) of the current fiscal (FY10-11) when compared with the same quarter Q4 (ending Mar 2010) of previous year (FY09-10). Total income was Rs 2194.86 crores in last year’s quarter Q4.
Share’s Data :-
BSE Code : 532179
Mkt. Cap : Rs 8,640.15 Crores
Corporation Bank share’s CMP is Rs 583.40 on 29th Apr 2011.
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