Loan growth outnumbers deposits even in Development banks; Kamana Sewa Bikas Bank registers 52.86% increase in credit portfolio with 45.87% growth in deposit collection

Thu, Aug 15, 2019 8:55 AM on Financial Analysis, Latest,

Kamana Sewa Bikas Bank has registered massive growth in its investment portfolio with an increase by 52.86% to Rs 20.18 arba. In comparison, the deposit growth of the bank sees a growth of 45.87 % to Rs 22.97 arba during the FY 2075-76. The net interest income has also jumped by 17.69% to Rs 88.77 crore while decreasing its NPL to 0.90%.

The development bank has registered CAR of 17.03%, EPS Rs 13.17, PE ratio 11.68 times, Net Worth Per share Rs 131.09, liquidity ratio 22.74%.

The bank also added 36 branches and 28 ATM terminals during the review period, as per the media statement.