Result : UTI Bank

The Bank reported 40.2% growth in Net Profit for the third quarter ended December 31, 2006 at Rs.184.6 crore as against Rs.131.7 crore for the same period last year. Other income was up 61.3% to Rs.279.7 crore from Rs.173.4 crore. The Net Interst Magin was at 3%. The cost of funds have gone up to 5.5% from 4.9%. The Net NPA fell to 0.68% from 0.95%. The capital adequacy ratio stood at 11.83%. The deposits grew 50% from Rs.34025 crore to Rs.50920 crore of which demand deposit constitute 37%. Advances grew 66% from Rs.19531 crore to Rs.32337 crore.