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HomeNewsBusinessEarningsIndian Bank Q3 PAT seen up 10% at Rs 542.1 cr

Indian Bank Q3 PAT seen up 10% at Rs 542.1 cr

Public sector lender Indian Bank is expected to report a profit after tax of Rs 542.1 crore in the quarter ended December FY12, rising 10.3% as compared to Rs 491 crore in a year ago quarter.

January 30, 2012 / 10:58 IST
     
     
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    Public sector lender Indian Bank is expected to report a profit after tax of Rs 542.1 crore in the quarter ended December FY12, rising 10.3% as compared to Rs 491 crore in a year ago quarter.


    Net interest income is seen going up by 14.6% to Rs 1,189 crore from Rs 1,037 crore year-on-year.

    Expectations


    - Loan book growth at 21%


    - NIMs likely to moderate due to lag impact of deposit repricing


    - Asset quality likely to remain healthy


    - Slippages likely to decline


    - Restructuring on account of SEBs and CDR segments likely to increase

    first published: Jan 30, 2012 10:56 am

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