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IndusInd Bank Q2 net up 32% at Rs 330 cr

Gross NPA at 1.11% v 1.06% q-o-q

IndusInd Bank
Neelasri Barman Mumbai
Last Updated : Oct 14 2013 | 2:35 PM IST
IndusInd Bank today reported a 32% rise in Q2 net profit to Rs 330 crore from to Rs 250 crore for the quarter ended September 30, 2012.

Total income of the bank increased 19% to Rs 2,435 crore for the quarter ended September 30, 2013.

The net interest income grew by 37% y-o-y to Rs 700 crore.

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The core fee income grew by 32% to Rs 390 crore while non-interest income grew by 30% to Rs 416.73 crore.

The bank reported gross NPA at 1.11% v 1.06% q-o-q while net NPA was at 0.22% vs 0.21% q-o-q.

The bank said provisions were at Rs 89 cr vs Rs 132 cr q-o-q.

Capital adequancy ratio (basel III) was at 14.58% vs 14.85% q-o-q.

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First Published: Oct 14 2013 | 2:26 PM IST

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