Net profit climbed to 9.36 billion rupees ($146.87 million) in the quarter ended December 31, from 7.51 billion rupees a year ago, the country's sixth-largest private sector lender by assets said.
Improvement in asset quality helped Karnataka Bank Ltd to record a growth of 27.52 per cent.
The bank has made provision of Rs 2.36 billion, which was higher by 9.26% from prior year period to Rs 2.16 billion.
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But he is definitely physical. "You never want to come up short against a team like that because they're so good". Joe Montana (45), Brett Favre (44), Peyton Manning (40) and Aaron Rodgers (36) round out the top five.
However, IndusInd Bank witnessed a small rise in the gross NPA ratio, which went up to 1.16 per cent from 0.94 per cent in the same quarter a year ago due to reverses in loans against property, commercial loans and corporate loans. "All vectors for both topline and bottom line have progressed as per plan", said Romesh Sobti, Managing Director and CEO, IndusInd Bank.
Net Interest Income (NII) was Rs 18.94 billion as against Rs 15.78 billion in the corresponding quarter of the previous year, registering a robust growth of 20%.
Non Interest income for the quarter was Rs. 1,186.76 crores as against Rs. 1,016.80 crores in the corresponding quarter of the previous year, a growth of 17 %.
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However, Hasan Ali played a scintillating inning coming lower down the order and helped his side to register a total of 246 runs. Pakistan need a win to draw level in the five-match series after losing the first game in Wellington.
Its net interest margin (NIM) stood at 3.99 per cent for the current quarter as against 4 per cent in the corresponding quarter of the previous year.
Core fee income for the quarter was Rs. 1,076.51 crores as against Rs. 884.84 crores in the corresponding quarter of the previous year, marking a growth of 22%. This resulted in 25 per cent yoy to Rs. 936 crore in Q3FY18 compared to Rs. 750 crore in Q3FY17.
Shares of IndusInd Bank were trading 0.68 per cent lower at Rs 1,723 on BSE.
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This would mean, amongst other things, that Dlamini Zuma would retain presidential benefits after being an acting stateswoman. He said Ramaphosa would elaborate on this contentious issue when he delivered the statement on Saturday.
As far as the merger with Bharat Financial Inclusion is concerned, Sobti said the bank has already received approval from the Competition Commission of India, and is awaiting other approvals.