The public sector lender says advances (loan book) in quarter ended September 2015 rose by 6.7 percent to Rs 3.8 lakh crore and deposits increased by 14 percent to Rs 5.4 lakh crore compared to corresponding quarter of previous fiscal.
There has been tremendous roar in the market on account of issues like pledging of share, the Mauritius tax treaty and the Euro zone debt crisis, which have dragged the indices below comfortable levels. However, irrespective of this tizzy, banking stocks have relatively outperformed the broader index.