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Wednesday, Jul 26, 2006

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Corporate Results - Private Banks
BoR posts 284% rise in net profit

Our Bureau

Mumbai , July 25

Bank of Rajasthan (BoR) has reported 284 per cent growth in net profit, for the quarter ended June 30 due to a rise in income. Net profit rose to Rs 20.04 crore compared to Rs 5.21 crore in the corresponding quarter of the previous year.

Total income also increased to Rs 185.28 crore from Rs 155.08 crore, registering a growth of 19 per cent for the quarter. Other income also rose considerably to Rs 23.08 crore (Rs 19.66 crore). Net interest income went up to Rs 66.66 crore (Rs 51.56 crore). Total expenditure was higher at Rs 150.16 crore (Rs 134.56 crore).

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