Country Development Bank’s net profit at Rs 3.52 crore
Fri, Jul 31, 2015 12:00 AM on Others,
ShareSansar July 31:
According to the unaudited quarterly report of the fourth quarter published today, Country development bank has a net profit of Rs 3.52 crore in the Q4 which is a slight decrement from Rs 3.55 crore of the corresponding quarter of the fiscal year of 2070/71.
In Q4 of last fiscal year, the development bank’s net interest income slightly came down to Rs 1.99 crore from Rs 2 crore of the corresponding quarter of the Fiscal Year 2070/71.
The operating profit has reached Rs 4.86 crore in the Q4 of the last Fiscal year 2071/72 whereas it was Rs 5.26 crore in the corresponding period of the previous fiscal year.
The development bank has mobilized Rs 1arba 64 crore in the deposits and extended loan of Rs1 arba 34 crore in the Q4 of the last fiscal year. In corresponding quarter of the fiscal year 2070/71 it had collected Rs 1 arba 30 crore in the deposits and extended a loan of Rs 1 arba 25 crore in loan.
The development bank’s non-performing loan is 1.92%. Its CD ratio stands at 65.99 percent.
