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Indian Bank Q4 PAT seen up 16% at Rs 511 cr

Public sector lender Indian Bank is expected to report a growth of 16% year-on-year in its profit after tax of Rs 511 crore for the fourth quarter of FY12.

May 11, 2012 / 12:22 IST
     
     
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    Public sector lender Indian Bank is expected to report a growth of 16% year-on-year in its profit after tax of Rs 511 crore for the fourth quarter of FY12, according to CNBC-TV18 poll.


    Net interest income is seen going up by 9% to Rs 1,210 crore from Rs 1,111 crore year-on-year.

    Highlights


    - NIMs could dip 5 basis points QoQ


    - Higher slippages
    **Fresh slippages in Q3FY12 at Rs 259 crore


    - Restructured loans likely to increase to SEB restructuring
    **Restructured book stands at Rs 7,859 crore
    **Rs 800 crore was restructured in Q3FY12

    first published: May 11, 2012 10:14 am

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