Monday, November 22, 2010

BANKS

CORPORATION BANK
Corporation Bank has increased its Net Profit Before Tax from around Rs.704 Cr in Mar'07 to more than Rs. 1727 Cr. in Mar'11. Corporation Bank has increased its Closing Cash & Cash Equivalents  from around Rs.6k Cr in Mar'07 to around Rs. 14k Cr. in Mar'11. If it continues to grow at the same pace it may have more than Rs.32k Cr. in cash by Mar'15. The market capitalization of Corporation Bank is around Rs.6k Cr. as of now which is less than the cash on its books!


BANK OF BARODA
Bank of Baroda has increased its Net Profit Before Tax from around Rs.1654 Cr in Mar'07 to more than Rs. 5650 Cr. in Mar'11. Bank of Baroda has increased its Net Cash from Operating Activities from around Rs.5153 Cr in Mar'07 to around Rs. 11778 Cr. in Mar'11. Bank of Baroda has increased its Closing Cash & Cash Equivalents  from around Rs.18280 Cr in Mar'07 to around Rs. 49934 Cr. in Mar'11. If it continues to grow at the same pace it may have more than Rs.100000 Cr. in cash by Mar'15. The market capitalization of Bank of Baroda is around Rs.30285 Cr. as of now which is less than the cash on its books!

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