The total income of the bank stood at ₹15,736 crore as compared to ₹12,538 crore, logging a growth of around 26%.
SL Jain, MD & CEO, Indian Bank, told reporters that the bank has made profits in the second quarter because of its planned way of operations, including cost cutting, robust recovery besides securing increased interest income.
The bank's net interest income increased by 23% to 5,741 crore from ₹4,684 crore while its fee based income grew by 11% to ₹805 crore from ₹723 crore. Net interest margin (NIM) increased to 3.52% from 3.20%.
هذه القصة مأخوذة من طبعة October 27, 2023 من Financial Express Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة October 27, 2023 من Financial Express Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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