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The net profit of Catholic Syrian Bank has risen 112.72 per cent, from Rs 12.18 crore in FY11 to Rs 25.90 crore in FY12.
The operating profit registered a 178.14 per cent growth, up from Rs 33.62 crore to Rs 93.50 crore.
A statement issued here said that the total business grew by more than 22 per cent. During the financial year 2011-12, deposits grew by around 22 per cent against the industry average of about 13 per cent.
The advances growth of 23.21 per cent also outgrew the industry average of 16.80 per cent. The total business crossed Rs 18,250 crore as on March 31.
The net interest income has grown from Rs 248.16 crore in 2010-11 to Rs 307.03 crore in 2011-12.
The gross NPA and net NPA percentage has come down from 3.05 per cent to 2.36 per cent and 1.74 per cent to 1.10 per cent respectively. The bank has maintained a CRAR of 11.08 per cent.
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