BRIEF-Karur Vysya Bank to issue equity shares in the ratio of 1:6
* Says to issue equity shares in the ratio of 1:6 Source text: (http://bit.ly/2rfCa8D) Further company coverage:
DUBAI, April 20 Samba Financial Group, Saudi Arabia's third-largest bank by assets, reported a 2.3 percent drop in first-quarter net profit on Thursday, broadly in line with analysts' forecasts.
The bank made a profit of 1.23 billion riyals ($328.0 million) in the three months to March 31, down from 1.26 billion riyals in the same period a year earlier, it said in a bourse statement.
Three analysts polled by Reuters had on average forecast the bank would make a quarterly net profit of 1.18 billion riyals.
($1 = 3.7502 riyals) (Reporting By Tom Arnold)
* Some claimants consider pursuing case - source (Adds possible break-away group, details)
* SUBSCRIPTION PRICE EUR 6.66 Source text for Eikon: Further company coverage: (Gdynia Newsroom)