Kist Bank has reported a net loss of Rs 8.94 crore for FY 2069/70,
which is a very weak performance compared to the last fiscal when the
bank posted Rs 10.02 crore in profit.
The bank’s deposits climbed 4.56% to Rs 21.09 arba and loans and advances increased 12.43% to Rs 16.82 arba.
The bank’s nonperforming loans stood at 6.59%, showing that the bank’s financial health has considerably deteriorated since the last fiscal when the NPL was at 3.94%.
Kist Bank’s EPS stands at -Rs 4.47 and net worth at Rs 107.
src sharesansar
