Result Update

Karur Vysya Bank The bank has reported 54.76% jump in net profit for the quarter ended September 2006 at Rs.42.56 crore ( Rs.27.50 crore). While the deposits grew by 27.47% advances grew by 25.77%. The capital adequacy ratio of the bank stood at 14.51%. The net NPA stood at 0.49%. UCO Bank The bank has shown flat net profit at Rs.100.69 crore for the quarter ended September 2006 as against Rs.97.88 crore for same period last year. While the gross NPA stood at 3.36% the net NPA stood at 2.02%. The capital adequacy ratio stood at 12.89%. Total business stood at Rs.97,565 crore. Deposits stood at Rs.56,800 crore and Advances stood at Rs.40,765 crore.