Vijaya Bank Q3: Profit decline due to restructuring of one large account
Public sector lender Vijaya Bank reported an 18.14 per cent decline in net profit to Rs 124 crore for the quarter ended December 31, 2011, from Rs 152 crore during the corresponding period last year. S Panse, ED of Vijaya Bank told NDTV Profit that the decline has been on account of the restructuring on one large account that needed impairment amounting to Rs 34 crore.
