Profit

Bulk deposits to come down in Q4: Vijaya Bank

PUBLISHED ON: January 24, 2013 | Duration: 6 min, 04 sec

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Vijaya Bank reported flat earnings in Q3. HS Upendra Kamath, chairman and managing director of Vijaya Bank, however, says that Q4 is expected to be stronger as bulk deposits will be reduced, giving a boost to margins. He adds that tax rates should also normalise by next quarter.
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