Subscribe To Print Edition About The Tribune Code Of Ethics Download App Advertise with us Classifieds

Advertisement

Jalandhar-based bank’s profit rises to Rs 33.3 crore in Q2

Jalandhar-based Capital Small Finance Bank reported a 37 per cent rise in net profit at Rs 33.3 crore for the second quarter of the fiscal as against Rs 24.3 crore in the corresponding period last year. The bank also saw...

Tribune News Service

Chandigarh, Updated At : 10:06 AM Oct 26, 2024 IST

featured-img

Photo for representational purpose only. - File photo

Advertisement

Jalandhar-based Capital Small Finance Bank reported a 37 per cent rise in net profit at Rs 33.3 crore for the second quarter of the fiscal as against Rs 24.3 crore in the corresponding period last year. The bank also saw its gross advances rising to Rs 6,718 crore, registering a 15 per cent growth year-on-year.

Its asset quality improved, with gross non-performing assets ratio falling to 2.6 per cent at the end of September from 2.73 per cent a year back.

Sarvjit Singh Samra, CEO, said, “Our tailored solutions empower MSMEs, farmers and middle-income customers. We remain committed to deliver value for all.”

Advertisement

Advertisement

Advertisement

Advertisement

Advertisement

The Tribune, now published from Chandigarh, started publication on February 2, 1881, in Lahore (now in Pakistan). It was started by Sardar Dyal Singh Majithia, a public-spirited philanthropist, and is run by a trust comprising five eminent persons as trustees.

The Tribune, the largest selling English daily in North India, publishes news and views without any bias or prejudice of any kind. Restraint and moderation, rather than agitational language and partisanship, are the hallmarks of the newspaper. It is an independent newspaper in the real sense of the term.

The Tribune has two sister publications, Punjabi Tribune (in Punjabi) and Dainik Tribune (in Hindi).

Remembering Sardar Dyal Singh Majithia

Copyright © The Tribune Trust, 2024

Designed and developed by : SORTD