Monday, April 17, 2006

Indian Stock Market - UTI Bank Q4 results

News Source: www.bseindia.com

UTI bank posted a result which was well above the dalal street expectations, Q4 net profit is up 30.16% at Rs 151.7 cr from Rs 116.54 cr
The Board of Directors of the Bank has recommended the payment of dividend @ 35% (Rs 3.50 per equity share) on equity shares of the bank subject to the approval of the members at the ensuing Annual General meeting and by the Reserve Bank of India.

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