of Rajasthan's net profit rises 100% to Rs 25 crore in
23 July 2003
Bank of Rajasthan (BoR) has registered a rise of 101.02
per cent in net profit to Rs 25.59 crore for the first
quarter ended 30 June 2003, as against Rs 12.73 crore
recorded in the corresponding period previous year.
bank's total income rose to Rs 158.39 crore (Rs 133.70
crore), according to BoR chairman P K Tayal. "The
interest income was up at Rs 120.56 crore (Rs 116.18 crore)
while other income swelled to Rs 37.83 crore (Rs 17.52
deposits of the bank recorded a 27.3-per cent rise and
the cost of deposits has reduced to 5.75 per cent from
7.21 per cent.
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