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BoM Q2 net up 66%

Bank of Maharashtra (BoM) on Tuesday reported 66 per cent rise in net profit at Rs 166.01 crore for the second quarter ended September 30.

Written by Press Trust Of India | New Delhi | Published: October 24, 2012 1:17 am

Bank of Maharashtra (BoM) on Tuesday reported 66 per cent rise in net profit at Rs 166.01 crore for the second quarter ended September 30.

Total income of the state-owned bank grew to Rs 2,434.09 crore in the July-September quarter from Rs 1,945.01 crore in the year-ago period. Gross NPAs was 2 per cent of loan assets as on September 30,as compared to 2.15 per cent at the end of second quarter of the previous fiscal.

The bank reported a total income of Rs 4,651.39 crore in the first six months,compared to Rs 3,762.64 crore in the same period the previous financial year.

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