Mangaluru : The South Canara District Central Cooperative (SCDCC) Bank recorded a profit of ₹33.65 crore for the fiscal 2020-2021, said SCDCC Bank Chairman M.N. Rajendra Kumar here on Saturday. Speaking to reporters, Mr. Kumar said that the total business in the bank’s 105 branches in 2020-21 was ₹10,100.3 crore, which was 19.3% more than the […]

Mangalore : Private sector lender Karnataka Bank  ‘s first quarter net profit grew by 13 percent year-on-year to Rs 94.2 crore on higher other income, but bad loans increased further during the quarter that sent shares 13.6 percent lower intraday. Other income of the bank more than doubled to Rs 206 crore in April-June quarter […]

Mangalore :  Karnataka Bank Limited, a premier private sector bank headquartered in Mangalore, registered an impressive performance for the financial year 2011-12. The Bank has recorded a net profit of Rs 246.07 crore for the year ended 2011-12 which is an increase by 20.26 per cent as against the net profit of Rs  204.61 crore […]

Bangalore : Governor Hansraj Bharadwaj who was in the thick of allegations against BJP leaders making extra money, is now surrounded by counter allegations that he had an office of profit outside the gubernatorial duties. It is now found out that Governor Bharadwaj is chief of an international centre for Alternate Dispute Resolution (CADR) for […]

Mangalore: A leading Bank on coastal area among the co-operative banks in Mangalore, SKDCC bank has published its Balance Sheet as on 31-03-2010. There is a net profit for the past year of nearly 5.40 crores of rupees with a provision for income tax separately for Rs.25.68 lakhs of rupees. An amount of Rs.50 lakhs […]