Rastriya Banijya Bank limited has posted increase in net profit of 48.79% in the third quarter of fiscal year 2074/75.
As per the published report, net profit of the bank raise to Rs.3.08 arba in Q3 from Rs 2.07 arba in the corresponding quarter of last year.
During this period, the bank has collected deposit of Rs 1.53 kharba & floated in loan & advance of Rs.1.12 kharba.
Net interest income of bank has declined to Rs 6.19 arba from Rs.4.67 arba in last year. Likewise, operating profit has increased to Rs.3.14 arba from Rs 1.81 arba in corresponding quarter of last year. Operating profit is surged by 73.07%.
The bank is able to write back amount of Rs.1.06 arba from provision.
Its paid up capital is Rs. 8.58 arba with reserves of Rs. 4.97 arba.
Its non-performing loan is at 2.90% from 2.70% in the last year.
Annualized earning per share is Rs. 47.78.
Major indicators
Cost of fund: 2.14%
CD ratio: 73.62%%
Return on equity: 34.21%
Return on asset: 2.24%
