Dena Bank Profit Up 13 Per Cent
Dena Bank posted 13 per cent growth in net profit to Rs 76.5 crore in the third quarter ended December 31, 2014. The public sector bank’s net profit in the same quarter last year stood at Rs 67.8 crore. Total income has increased to Rs 2,867.3 crore for the quarter from Rs 2,662.8 crore for the quarter ended December 31, 2013. Gross NPAs as a percentage to total advances rose significantly to 5.61 per cent from 2.96 per cent in the same quarter a year ago. Its net NPAs went up to 3.97 per cent from 2 per cent at the end of December 2013.