Business Standard

Indian Bank Q2 net rises 13% to Rs 469 cr

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BS Reporter Mumbai

Indian Bank posted a 12.7% increase in net profit at Rs 469 core for the quarter ended September 2011 as against Rs 416 crore a year ago.

Total income too rose 32% to Rs 3,377 crore as against Rs 2,559 crore in September 2010.

Net interest income grew to Rs 1,145 crore, a 16.5% jump from Rs 983 crore in Septembre 2010.

The scrip was trading at Rs 212, up 3.73%, on Bombay Stock Exchange at 1240 hours.

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First Published: Oct 31 2011 | 12:39 PM IST

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