Western Development Bank’s operating profit grows by 109%
Western Develoment Bank has shown an amazing growth of 109% in the 2nd quater of this fiscal year. The bank has earned Rs.5.42 crores as operating income and Rs.2.64 crore as net income. The net income also shows a growth of 93.43%. The deposit till this period amounts to Rs. 2.29 arba and loan outstanding amounts to Rs. 1.73 arba.
The bank currently has 13 branches, including the head office itself, and it is in a course to add 3 more branches.
