Stock Report

Allahabad Bank announces Provisional Business Results as on March 31, 2007



Posted On : 2007-04-09 00:18:27( TIMEZONE : IST )

Allahabad Bank announces Provisional Business Results as on March 31, 2007

Allahabad Bank has announced that the Bank give here under the provisional / unaudited Business Results of the Bank on March 31, 2007 vis a vis previous year: (Rs In Crore)

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Sr.No.	Particulars	As on March	As on March	Increase /	Growth %
			31, 2006	31, 2007	Decrease
			(Audited)	(Provisional)
------------------------------------------------------------------------------------------
1.	Total Deposit	48500		59545		11045		22.77%
2.	Gross Credit	30061		42380		12319		40.98%
3.	Total business	78561		101925		23364		29.74%
4.	Gross NPA%	3.94%		2.60%		-1.34%
5.	Total Priority	12469		16644		3975		31.87%
	Sector
6.	Priority Sector	41.48%		39.27%
	as % of Gross
	Credit
7.	Agriculture	5726		7655		1929		33.68%
	Advances
8.	Agriculture	19.05%		18.06%
	Advances as %
	of gross Credit
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The Bank's shares were trading at Rs.72.30, up by Rs.1.70 or 2.41% on volume of 22909 shares compared to 2 week average quantity of 76999 shares.

Source : Equity Bulls

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