BANKING
| Indian Bank Q1 profit up 13 Percent at Rs 461.7 cr Mon, 23 Jul 2012 16:16:00 +0530 |
| Business Standard Economy Policy News Indian Bank today posted 13.4% rise in net profit at Rs 461.7 crore for the first quarter ended June 30, 2012, over the same period in the previous fiscal. The state-run bank had posted a net profit of Rs 406.9 crore in the corresponding quarter of last fiscal. The bank's total income increased by 19% at Rs 3,596.5 crore as compared to Rs 3,030.7 crore in the same period a year ago, Indian Bank said in a filing to the BSE. The total interest income of the Chennai-based bank rose to Rs 3,373.8 crore as compared to Rs 2,781.4 crore in the same quarter previous fiscal. |
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