INSUBCONTINENT EXCLUSIVE:
interest income (NII) and treasury gains, results announced on Saturday showed.
NII, which is difference interest gained on loans and
interest paid on deposits, grew by 22% to Rs.12,577 crore from Rs.10,314 crore a year ago, driven by loan growth of 24% and net interest
margin (NIM) of 4.3%, bank said.
Asset quality remained largely stable with gross non-performing asset (GNPA) reporting a marginal increase
to 1.38 per cent in December quarter, against 1.33 per cent in September quarter and 1.29 per cent a year ago
Total provisions included Rs 1451 crore of floating provisions.
Total balance sheet size stood at Rs 11.6 lakh crore as against Rs 9.4 lakh
Friday, up 0.10% against their previous close.
