Siddhartha Bank registers impressive business growth despite of growing shortage of investable funds; earns more than 3 Arba in net profit maintaining EPS of 25.71
Mon, Aug 8, 2022 11:22 AM on Latest, Financial Analysis,
Siddhartha Bank has registered impressive financial growth for the previous fiscal year despite of growing liquidity shortage in the national economy.
The bank has a paid-up value of Rs 12.52 Arba, total equity of Rs 21.92 Arba, earned a net profit of more than Rs 3 Arba, and maintained EPS of Rs 25.71. the bank had paid a total direct and indirect taxes of Rs 2.90 Arba to the federal government, as per the media statement.
The bank had raised Rs 1.96 Kharba in deposits, distributed loans of Rs 1.86 Kharba, and has more than 14 lakh customers, as per the media statement.
The bank currently provides its services from its 190 branches, 117 branchless banking units, 4 extension counters, and 1700 plus POS terminals serving its customers across the nation.