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NT Bureau
Chennai, Jan 17:

        UTI Bank has registered a net profit of Rs 184.61 crore, up by 40.16 per cent in the third quarter as compared to net profit of Rs 131.71 crore during the same period last year. The net profit of the bank for the nine months ended December 2006 was Rs 447.14 crore, up by 34.14 per cent as against Rs 333.35 crore during the first nine months of the previous year.

        The net interest income for Q3 was Rs 415.84 crore, as compared to Rs 287.44 crore during Q3 of the preceding year, a growth of 45 per cent y-o-y.

        The bank recorded a trading profit of Rs 79.28 crore in Q3 as against a trading profit of Rs 47.24 crore in Q3 of the preceding year, a growth of 68 per cent y-o-y. The total deposits of the bank have grown 50 per cent y-o-y from Rs 34,025 crore as at end December 2005 to Rs 50,920 crore as at end December 2006.