|
|
|
Bandhan Bank Q3 net profit up 10.3%
|
|
|
|
Top Stories |
|
|
|
|
SME Times News Bureau | 11 Jan, 2019
Bandhan Bank on Thursday reported a 10.3 per cent increase in its net profit for the third quarter (Q3) of 2018-19.
Its
net profit during the quarter under review rose to Rs 331 crore from Rs
300 crore in the corresponding period of last fiscal.
"Net
Interest Income (NII) for the quarter grew by 53.5 per cent at Rs 1,124
crore as against Rs 732 crore in the corresponding quarter of the
previous year," the bank said in a statement.
According to the
lender, its net NPA (non-performing asset) as on December 31, 2018 stood
at to 0.7 per cent as against 0.8 per cent on December 31, 2017.
"Gross
NPAs as on 31 December 2018 at 2.4 per cent against 1.3 per cent as on
30 September 2018 and 1.7 per cent as on 31 December, 2017," the
statement said.
In addition, the bank, without naming the
IL&FS Group, said that it has made provision of Rs 384.95 crore in
respect of an exposure "to a borrower from Infrastructure development
and finance sector, which was classified as non-performing asset and
fully provided for during the quarter".
|
|
|
|
|
|
|
|
|
|
|
|
|
Customs Exchange Rates |
Currency |
Import |
Export |
US Dollar
|
66.20
|
64.50 |
UK Pound
|
87.50
|
84.65 |
Euro
|
78.25
|
75.65 |
Japanese
Yen |
58.85 |
56.85 |
As on 13 Aug, 2022 |
|
|
Daily Poll |
|
|
PM Modi's recent US visit to redefine India-US bilateral relations |
|
|
|
|
|
Commented Stories |
|
|
|
|
|
|
|
|