Allahabad Bank profit dips 14.98 %

Allahabad Bank profit dips 14.98 %

  Total income rose to Rs 2,608.60 crore during the reporting quarter as compared to Rs 2,373.37 crore during the same period of corresponding previous fiscal, Allahabad Bank Chairman J P Dua said here on Friday.

For year ended March 31, 2010, the bank has posted a net profit of Rs 1,206.32 crore as compared to Rs 768.59 crore in the last fiscal. The bank reported a total income of Rs 9,885.10 crore for year ended March 31, 2010, compared to Rs 8606.65 crore in the previous fiscal.