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BRIEF-Corporation Bank posts Dec-qtr profit
February 10, 2017 / 11:06 AM / 10 months ago

BRIEF-Corporation Bank posts Dec-qtr profit

Feb 10 (Reuters) - Corporation Bank Ltd

* Dec quarter net profit 1.59 billion rupees versus net loss of 3.88 billion rupees year ago

* Dec quarter interest earned 49.54 billion rupees versus 47.41 billion rupees year ago

* Dec quarter provisions 9.34 billion rupees versus 18.81 billion rupees year ago

* Dec quarter gross NPA 11.26 percent versus 10.81 percent previous quarter

* Dec quarter net NPA 7.64 percent versus 6.91 percent previous quarter

* Says provision coverage ratio as at dec 31, 2016 was 56.93 percent Source text: bit.ly/2kzrhuC Further company coverage:

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