Bangalore

State-owned Vijaya Bank reported a 39.3% decline in net profit at Rs 135.84 crore for the fourth quarter ended March, 2014 due to mark-to- market provisioning.

 Total income increased to Rs 3,029.34 crore in the January-March quarter, as against Rs 2,680.20 crore in the year-ago period.      “….net profit declined by 39 per cent that is due to mark-to-market provisioning,” Vijaya Bank Chairman and MD V Kannan said.

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