The bank’s unaudited statement shows that it earned net profit of Rs 29.64 million during the quarter between July 15 and Oct 16, 2008. During the quarter ending July 15, 2008, the bank’s profit was Rs 72.52 million.
The bank is providing corporate and institutional banking services like project and term financing, working capital financing for large corporate groups, trade finance, loan syndication and correspondent banking besides business and Small and Medium Enterprises Banking.
Auto finance, mortgage loans, personal overdrafts, personal loans and educational loan are among the retail banking services being provided by the bank.
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