Kolkata-based public sector lender United Bank of India 's net profit rose by 31.8% year-on-year to
Rs 174 crore in the first quarter of FY13.
Net interest income went up by 20% to Rs 683.6 crore from Rs
568.7 crore during the same period.
Gross non-performing assets (NPAs) increased just 6 basis
points quarter-on-quarter to 3.47% versus 3.41%.
The share rallied more than 4% to close at Rs 56.70 on
Friday, after gaining as much as 7% intraday.
Source: www.moneycontrol.com
Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
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