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
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.