Bengaluru: VG Siddhartha was born in Chikkamagaluru district in Karnataka. He was the founder as well as the Chairman and Managing Director of the company which owns Cafe Coffee Day outlets across the country. Siddhartha went missing on Monday at the Netravati river near Mangaluru. His body was found in the backwaters of the river Wednesday morning.
Coffee Day founder Siddhartha cremated; know his life in pics
VG Siddhartha was born in Chikkamagaluru district in Karnataka. Know more from the images.
VG Siddhartha
Bengaluru: VG Siddhartha was born in Chikkamagaluru district in Karnataka. He was the founder as well as the Chairman and Managing Director of the company which owns Cafe Coffee Day outlets across the country. Siddhartha went missing on Monday at the Netravati river near Mangaluru. His body was found in the backwaters of the river Wednesday morning.
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Bank of India net jumps two-fold to Rs 243 cr in Q1; net NPAs down at 6 pc
New Delhi, Jul 30 (PTI) State-owned Bank of India on Tuesday reported more than two-fold jump in its net profit to Rs 242.62 crore in the first quarter ended June 30.
The bank had posted a net profit of Rs 95.11 crore during April-June period of the previous fiscal.
Total income of the bank rose to Rs 11,526.95 crore during the quarter, as against Rs 10,631.02 crore in the same period preceding fiscal, the bank said in a regulatory filing.
The lender witnessed slight improvement in its gross non-performing assets (NPAs) to 16.50 per cent of the gross advances as on June 30, 2019, down from 16.66 per cent by end of June 2018.
Net NPAs or bad loans came down substantially to 5.79 per cent as against 8.45 per cent.
In absolute terms, the bank's gross NPAs stood at Rs 62,068.40 crore by end of June quarter this fiscal, as against Rs 60,604.46 crore as on June 30, 2018.
Net NPAs were at Rs 19,288.34 crore, as against Rs 27,932.25 crore a year ago, the bank said.
However, its provisioning and contingencies for the quarter increased to Rs 9,255.60 crore from Rs 8,761.83 crore a year ago.
Bank of India stock traded at Rs 71.25 on BSE, down 5.82 per cent from previous close. PTI KPM
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07301358
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PRI COM ECO ESPL
.NEWDELHI DCM7
BIZ-RESULTS-BANKOFINDIA
Bank of India net jumps two-fold to Rs 243 cr in Q1; net NPAs down at 6 pc
New Delhi, Jul 30 (PTI) State-owned Bank of India on Tuesday reported more than two-fold jump in its net profit to Rs 242.62 crore in the first quarter ended June 30.
The bank had posted a net profit of Rs 95.11 crore during April-June period of the previous fiscal.
Total income of the bank rose to Rs 11,526.95 crore during the quarter, as against Rs 10,631.02 crore in the same period preceding fiscal, the bank said in a regulatory filing.
The lender witnessed slight improvement in its gross non-performing assets (NPAs) to 16.50 per cent of the gross advances as on June 30, 2019, down from 16.66 per cent by end of June 2018.
Net NPAs or bad loans came down substantially to 5.79 per cent as against 8.45 per cent.
In absolute terms, the bank's gross NPAs stood at Rs 62,068.40 crore by end of June quarter this fiscal, as against Rs 60,604.46 crore as on June 30, 2018.
Net NPAs were at Rs 19,288.34 crore, as against Rs 27,932.25 crore a year ago, the bank said.
However, its provisioning and contingencies for the quarter increased to Rs 9,255.60 crore from Rs 8,761.83 crore a year ago.
Bank of India stock traded at Rs 71.25 on BSE, down 5.82 per cent from previous close. PTI KPM
BAL
07301358
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Last Updated : Jul 31, 2019, 7:45 PM IST