Capital Merchant Banking
& Finance Ltd (CMBFL)
has made an operating profit
of Rs 41.7 million during
the fiscal year 2006-07. The
finance company also raised
its deposit base to over Rs
1.06 billion with collection
of an additional Rs 310.04
million during the period.
The company’s loans and
advances touched Rs 882
million at the end of the
fiscal, states a company
press release here, today.
While, CMBFL’s non
performing loans dropped to
Rs 17.7 million or 1.6 per
cent during the