Corporation Bank Q4 PAT up 2% at Rs 351 cr

Corporation Bank has announced its fourth quarter results. The company's Q4 PAT was up 1.73% at Rs 351 crore versus Rs 345 crore, year-on-year, YoY. Its net interest income (NII) was up 10% at Rs 834 crore versus Rs 759 crore, YoY. It gross NPA was down at 1.26% versus 1.35%, QoQ. Its net NPAs 0.87% versus 0.96%, QoQ. Its provisions was at Rs 338 crore versus Rs 253 crore, YoY. The company will pay dividend of Rs 20.50 per share. Its capital adequacy ratio at 13%. Source: www.moneycontrol.com Thanks, Gaurav Agarwal Head Dealer DENIP Consultants Pvt Ltd