Saturday

15


February , 2020
Q3 performance of Allahabad Bank
12:01 pm

B.E. Bureau


The total business of the Allahabad Bank as on the third quarter of 2019-20 fiscal stood at Rs. 3,93,536 crore as against Rs. 3,67,713 crore and the total deposit of the bank stood at Rs. 2,23,657 crore. The bank earned an operating profit of Rs. 897.66 crorein the third quarter of FY 2019-20 as against Rs. 768.96 crorein the third quarter of FY 2018-19 and a consolidatedoperating profit of Rs. 2390.09 crore for the nine monthsof FY 2019-20.The Net NPA of the bank also significantly reduced to 5.13%. Domestic CASA deposit grew from Rs. 99,781 crore as on December 2018 to Rs. 1,05,638 crore as on December 2019.

 

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