Corporation Bank Q2 net up 27.06 pc
New
Delhi,
Oct
27:
Corporation
Bank
today
said
its
net
profit
increased
by
27.06
per
cent
to
Rs
161.38
crore
for
the
quarter
ended
September
30,
as
compared
to
Rs
127.01
crore
for
the
same
period
a
year
ago.
Company's tTotal income also jumped by 33.98 per cent to Rs 1246.93 crore for the quarter ended September 30, against Rs 930.64 crore for Q2 FY2006-07, a company statement said.
Corporation Bank and Usectrade.com, the online trading portal of UTI Securities Ltd, recelty entered into a strategic tie-up under which the bank will serve as a major distribution channel for the portal.
UNI
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Story first published: Saturday, October 27, 2007, 14:55 [IST]