Indian Bank Q3 net profit down 19 pc to Rs 303 crore - News Summed Up

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Indian Bank Q3 net profit down 19 pc to Rs 303 crore


The public sector bank had registered a net profit of Rs 373.48 crore in the corresponding October-December period of previous fiscal. Total income was up at Rs 4,903.07 crore from Rs 4,557.25 crore in the year-ago period. Operating expenses of the bank rose to Rs 962.33 crore for the quarter from Rs 825.09 crore in the same quarter previous year. Gross NPAs were Rs 9,595.15 crore as on December 31, 2017 against Rs 9,675.05 crore. Net NPAs were Rs 4,898.60 crore, as against Rs 5,798.34 crore.


Source: dna February 12, 2018 10:24 UTC



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