Page 25 - Banking Finance December 2016

PRESS RELEASE

Observance of Vigilance Awareness Week in SBBJ

Vigilance Awareness Week was observed in State Bank of Bikaner and Jaipur (SBBJ) from 31.10.2016 to 05.11.2016.
During this week various activities to enhance
awareness of public and participation of public to
fight corruption were being undertaken including
organizing of talks by the eminent citizens on the
theme of 'Public participation in promoting
Integrity and eradicating Corruption' in all
Branches / Offices of the Bank.
A speech contest on the theme subject of the
Week was organized at Bank's Head Office for the
staff members. 18 contestants participated and
the winners of this contest were felicitated during
the main programme on 4th November at Bank's
Head office at Jaipur. Shri M.P. Nagpal, Chief
Vigilance officer of SBBJ addressed the
distinguished gathering on this occasion.

UCO Bank announces Financial Results for the Quarter and

Half Year ended 30th Sept'2016

Highlights of Performance there is reduction in loss to the tune of Rs.56 cr. over
the previous qrt.
Y Total Business stood at Rs. 3,44,428 cr. as at the end
of Sept'16 against Rs.3,27,807 cr. as on Jun'16.(Increase Y Total provision & contingencies in the 2nd qtr. of FY16-
17 was Rs. 1493 cr as against Rs.973 Cr. a year ago.
by Rs.16,621 cr. over the Qrt.)
Y Provision Coverage Ratio increased to 58.29% in the
Y Global Deposits stood at Rs. 2,09,485 cr. as at the end
of Sept'16 against Rs.1,96,359 cr.as on 2nd qtr. of FY16-17 from 53.90% a year ago.
Jun'16.(Increased by Rs.13,126 cr. over the Qrt) Y In Q2 FY'16-17, Total Interest Income stood at Rs. 9669
Cr.
Y Core Deposits stood at Rs.1,33,672 cr. as at the end of
Sept,16 showing growth of 10.53% Y-o-Y basis Y The CRAR as on 30.09.2016 stood at 9.68% as per Basel
III.
Y Global Advances of the Bank stood at Rs. 1,34,943 cr.
as at the end of Sept'16. As against Rs.1,31,448 cr as Y Cost of Deposits for 2nd Qrt decreased to 5.85% as on
on Jun'16 (Increased by Rs. 3,495 cr over the Qrt) 30.09.2016 from 6.17% a year ago.
Y Percentage of Priority sector advances of ANBC stood Y Average Yield on performing advances (Domestic) for
at 40.92% as of 30.09.2016. 2nd Qrt stood at 11.17% as on 30.09.2016 as against
Y Total income in the 2nd qtr. of FY16-17 was Rs. 4941 10.17% a year ago
Cr increased by 4.52% over Jun'16 Qrt. Y Saving Deposits (Domestic) stood at Rs.43,439 cr. which
Y During the 2nd Qtr of FY16-17, Operating Profit is Rs. registered a growth of 15.19% YoY basis.
1108 Cr. whereas on Jun'16 qrt is was Rs.810 cr. Y As on Sep'16 GNPA Ratio stood at 16.51% as against
(increased by 36.77% over the quarter ) 17.19% as on Jun'16.
Y For the 2nd Qtr of FY16-17 there is Net Loss of Rs. 385 Y Net NPA stood at 8.83% as on Sep'16 as against 10.04%
Cr. on account of higher provisioning on NPA. However, as on Jun'16.

BANKING FINANCE | DECEMBER | 2016 | 25

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