HomeNews

Indian Bank Q3

Jump to

Indian Bank Q3 net falls 20% on low NII but NPA improves

Net profit declined to Rs 264.5 crore in the quarter ended December 2013 from Rs 330.58 crore in a year ago period while net interest income slipped 4.75 percent year-on-year to Rs 1,090.6 crore during the same period.
Cash recovery Rs 500 cr plus, FY12 NIM at 3.5%: Indian Bank

CNBC-TV18 catches up with T M Bhasin, chairman and managing director of Indian Bank to get a rounded view of the quarterly numbers and the way ahead for the bank.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347

Indian Bank Q3

Indian Bank Q3 net falls 20% on low NII but NPA improves

Cash recovery Rs 500 cr plus, FY12 NIM at 3.5%: Indian Bank