ING Vysya Bank Limited has posted a phenomenal increase in net profit for the period Q4 (ending Mar 2011) of the current fiscal (FY11). During the said quarter, net profit rises to Rs 91.30 crore in comparison to Rs 67.91 crore of Q4 (ending Mar 10) of previous year(FY10). ING Vysya Bank Limited is an Indian retail bank, formed after the global financial institution ING acquired a 44% stake in Vysya Bank Ltd in October 2002, and took over management of the bank.
The bank informed the share market (BSE/NSE) that the total income increased to Rs 947.42 crore in quarter ended Apr 2011 when compared with the last years same quarter ended Apr 2010 which was Rs 715.82 crore.
Share’s Data :-
BSE Code : 531807
Mkt. Cap: Rs 4,342.09 Crores
ING Vysya Bank Limited share’s CMP is Rs 358.85 on 21st Apr 2011
Stay tuned to BelltheBull Blog for more news on ING Vysya Bank !Google+