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South Iindian Bank Ltd net rose by 40% in Q2 PDF Print E-mail
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Written by Site Administrator   
Tuesday, 13 October 2009 10:10
SIBL reported a net profit of 40.42 per cent at Rs 72.57 crore for the quarter ended September 2009. Total income increased to Rs 534.36 crore in the quarter as against Rs 439.87 crore in the same quarte in the previous fiscal.

Its strategy including issuing subordinated Lower Tier-II bonds during the quarter. SIBL plans to increases its total branches to 575 by adding 20 new branches in the next half year.

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