Net profits of Rastriya Banijya Bank reaches Rs.3.50 Arba by the end of third quarter; net interest income of Rs.7.37 Arba posted

Rastriya Banijya Bank Limited (RBB) has reported 13.43% rise in the net profit in the third quarter of the fiscal year 2075/76.

The bank’s profit has increased from Rs 3.08 arba in the third quarter of the fiscal year 2074/75 to Rs 3.49 arba in the third quarter of the fiscal year 2075/76.

The bank’s deposit rises by 5.23% to Rs 1.72 kharba and loans and advances have also increased by 16.70% to Rs 1.37 kharba in the third quarter.

The net interest income of the bank has increased to Rs 7.37 arba from Rs 6.19 arba in the corresponding quarter.

The bank’s paid up capital stands at Rs 9 arba with Rs 14.09 arba as its reserve as of the third quarter of FY 2075/76.

The Non-Performing Loan (NPL) has also increased to 4.28% from 2.90%.

The CCD ratio stands at 74.08% which suggest that bank are not in shortage of deposits. Its base rate stands at 5.38% which is lowest in the banking industry.

In the third quarter, the EPS of the bank stands at Rs 38.86. The net worth per share stands at Rs 250.50.