May 04, 2007

Development Credit Bank

Development credit Bank reported net loss of Rs 0.41 crore in the quarter ended March 2007. Total operating income reported at Rs 106.85 crore.

For the full year, net profit reported at Rs 7.37 crore in the year ended March 2007 as against net loss of Rs 85.26 crore during the previous year ended March 2006. Total operating income rose 25.18% to Rs 346.93 crore in the year ended March 2007 as against Rs 277.14 crore during the previous year ended March 2006.

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