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Bank Results Results of Banks in India-Second Quarter ended September 2008 State Bank of India (SBI) State Bank of India (SBI) reported a higher-than-expected net profit of Rs 2,259.7 crore for the quarter ended September 30, up 40.2%, from Rs 1,611.4 crore during the same quarter of the previous year. The bank's deposits grew by Rs 57,861 crore (67.9%) for the quarter. Interest earned stood at Rs 15566.50 crore against Rs 11616.28 crore previous year As on 20th October the stock closing price was Rs 1434.20, and P/E was 10.4. The stock had 52 weeks High/Low of Rs 2397/1007. Central Bank of India Central Bank of India as its net profit for the quarter fell to Rs 96 crore. Total income of the bank during the period rose marginally to Rs 2,769 crore as against Rs 2,107 crore in the same period last year. Total business of the bank as on 30 September stood at Rs 1,97,192 crore up from Rs 1,44,816 crore in the same period in the last fiscal. The bank’s total deposits during the period rose to Rs 1,16,365 crore as on 30 September from Rs90,845 crore a year back, while advances grew to Rs 80,827 crore from Rs 53,971 crore, As on 20th October the stock closing price was Rs 41.10, and P/E was 3.2. The stock had 52 weeks High/Low of Rs 155/38. Indian Bank Net profit of Indian Bank rose 14.27% to Rs 282.92 crore in the quarter ended September 2008 as against Rs 247.59 crore during the previous quarter ended September 2007. Total operating income rose 34.26% to Rs 1688.15 crore in the quarter ended September 2008 as against Rs 1257.39 crore during the previous quarter ended September 2007. As on 20th October the stock closing price was Rs 134.75, and P/E was 5.7. The stock had 52 weeks High/Low of Rs 256/78. State Bank of Patiala Net profit of State Bank of Patiala rose 192.09% to Rs 148.09 crore in the quarter ended September 2008 as against Rs 50.70 crore during the previous quarter ended September 2007. Total operating income rose 37.76% to Rs 1439.10 crore in the quarter ended September 2008 as against Rs 1044.67 crore during the previous quarter ended September 2007. State Bank of Mysore Net profit of State Bank of Mysore declined 1.12% to Rs 90.16 crore in the quarter ended September 2008 as against Rs 91.18 crore during the previous quarter ended September 2007. Total operating income rose 27.19% to Rs 770.06 crore in the quarter ended September 2008 as against Rs 605.45 crore during the previous quarter ended September 2007. State Bank of Bikaner and Jaipur Net profit of State Bank of Bikaner and Jaipur rose 87.78% to Rs 114.06 crore in the quarter ended September 2008 as against Rs 60.74 crore during the previous quarter ended September 2007. Total operating income rose 31.91% to Rs 956.55 crore in the quarter ended September 2008 as against Rs 725.16 crore during the previous quarter ended September 2007. State Bank of Hyderabad Net profit of State Bank of Hyderabad rose 29.81% to Rs 184.84 crore in the quarter ended September 2008 as against Rs 142.39 crore during the previous quarter ended September 2007. Total operating income rose 36.79% to Rs 1410.98 crore in the quarter ended September 2008 as against Rs 1031.48 crore during the previous quarter ended September 2007. State Bank of Indore Net profit of State Bank of Indore rose 22.38% to Rs 62.56 crore in the quarter ended September 2008 as against Rs 51.12 crore during the previous quarter ended September 2007. Total operating income rose 25.67% to Rs 678.95 crore in the quarter ended September 2008 as against Rs 540.28 crore during the previous quarter ended September 2007. Jammu and Kashmir Bank Net profit of Jammu and Kashmir Bank rose 7.53% to Rs 115.92 crore in the quarter ended September 2008 as against Rs 107.80 crore during the previous quarter ended September 2007. Total operating income rose 25.32% to Rs 747.76 crore in the quarter ended September 2008 as against Rs 596.69 crore during the previous quarter ended September 2007 >>> Go To Page 2 of Bank Results >>> Go To Page 3 of Bank Results >>> Go To Page 4 of Bank Results >>> Go To Page 5 of Bank Results Bank Results-First Quarter ended June 2008 Click here Latest Results of Banks in India Click here Click Here For Bank Directory Click Here For BANKEX-Bank Shares-Commentary Click Here For NSE Live Stock Quotes Click Here For BSE Live Stock Quotes   Web banknetindia.com

 

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