Q2FY22 Quarterly Result Announced for Karnataka Bank Ltd.
Karnataka Bank Posts Quarterly Net Profit of Rs 125.61 Crore, for the quarter ended Sept-2021 and the net profit grew by 5.17% as compared to Sept 2020 quarter net profit of Rs 119.44 crore. Net profit stood at Rs 231.69 crore as against Rs 315.82 crore of Sept - 2020. Net Interest Income also has increased by 10.83% to Rs 637.10 crore from Rs 574.87 crore. The NPAs have also further moderated as the GNPAs reduced to 4.50 % as against 4.82% as on 30/06/21 NNPAs also reduced to 2.84 %, as against 3.00% as on 30/06/21. The business turnover of the Bank has touched Rs 1,31,389.92 crore The deposits of the Bank grew from Rs 72,928.99 crore to Rs 76,921.98 crore Advances grew from Rs 54,098.93 crore to Rs 54,467.94 crore The CD ratio of the Bank stood at 70.81 %. Result PDF28-10-2021