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SIB third quarter net up by 93%
Our Bureau Kochi, Jan 23: South Indian Bank (SIB ) has clocked a 193 per cent rise in its net profit for the 9-months of this fiscal. The profit after making all estimated provisions for NPAs, depreciation, taxation, etc stood at Rs 31.08 crore compared to Rs 10.61 crore during the corresponding period of the previous year, registering a 193 per cent growth. Incidentally, the net profit recorded for the whole of the last fiscal was Rs 25.89 crore.Copyright © 2001 Indian Express Newspapers (Bombay) Ltd.
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