Kankai’s profit jumps 223%, 2 other dev banks (Sahayogi Bikas and Gaurishankar Dev. Bank) post profit 

ShareSansar, Aug 8

Kankai Bikas Bank has reported a whopping 223.13% growth in net profit as earning in FY 2069/70 rose to Rs 1.25 crore from Rs 38.89 lakh in the previous fiscal. The bank’s deposits increased 17.75% to Rs 61.88 crore and loans and advances grew 39.23% to Rs 47.02 crore. The bank’s EPS stands at Rs 12.99 and net worth at Rs 117.07

Sahayogi Vikas Bank Limited has posted a profit of Rs 5.02 crore, a rise of 59.26% over the profit of Rs 3.15 crore earned in the last fiscal. The bank’s deposits increased 16.52% to Rs 1.62 arba and loans and advances rose 31.79% to Rs 1.24 arba. The bank’s EPS stands at Rs 44.31 and net worth at Rs 161.80.

Gaurishankar Development Bank has earned a net profit of Rs 3.71 crore in the FY 2069/70, an increment of 34.92% over Rs 2.75 crore posted for the same period of last fiscal. The bank’s deposits increased 26.94% to Rs 1.299 arba while loans and advances rose 34.18% to Rs 98.30 crore. The bank’s EPS stands at Rs 17.55 and net worth at Rs 137.02.

Q4 Report of Kankai Bikas Bank: CLICK HERE

Q4 Report of Gaurishankar Development Bank: CLICK HERE

Q4 Report of Sahayogi Bikas Bank: CLICK HERE