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
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