IDBI Bank’s net profit fell by 6.3 percent year-on-year to
Rs 483.5 crore in the quarter ended September 2012.
Net interest income rose by 11 percent to Rs 1,249.3 crore
from Rs 1,122 crore during the same period.
Gross non-performing assets (NPA) increased 21 basis points
quarter-on-quarter to 3.45 percent but net NPAs declined 3 basis points to 2.04
percent in the quarter.
Provisions against bad loans declined marginally to Rs 494.6
crore in the July-September quarter from Rs 510 crore in the previous quarter.
Capital adequacy ratio was 13.91 percent in the second
quarter as against 14.36 percent in first quarter of FY13.
Source: www.moneycontrol.com
Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
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