UCO Bank Q3 net profit rises 15.8%

UCO Bank announced the financial results for the quarter ended on December 31, 2025 on Saturday, January 17. The lender reported a 15.76% year-on-year increase in net profit for the December quarter to ₹739.51 crore, compared to ₹638.83 crore in the corresponding period a year ago.

The lender’s total income for the December quarter rose to ₹7,521.16 crore, up from ₹7,405.89 crore in the year-ago period, while interest earned rose to ₹6,651.84 crore as against ₹6,219.96 crore, according to the exchange filing.

UCO Bank, headquartered in Kolkata, reported an operating profit increase of 5.96% to ₹1,680.24 crore in October-December, up from ₹1,585.69 crore in the same period last year.

Meanwhile, provisions and contingencies dropped to ₹525.12 crore in the quarter ending December, down from ₹589.51 crore, it stated.

UCO Bank showed progress in asset quality, with gross non-performing assets (NPA) decreasing to 2.41% as of December 31, down from 2.91% last year. The gross NPAs amounted to ₹5,867.25 crore, compared to ₹6,081.55 crore during the same period last year.

Net NPAs also improved, dropping to 0.36% at ₹852.55 crore from 0.63% at ₹1,283.13 crore.

The lender's capital adequacy ratio was 17.43 per cent as of December 31, improving from 16.25 per cent reported in the corresponding period of the previous year.

As of December 31, 2025, UCO Bank had a total of 3,327 domestic branches, along with 2 overseas branches in Hong Kong and Singapore, and one Representative Office in Iran. Approximately 61.25% of domestic branches are located in rural and semi-urban areas.

UCO Bank's operating profit rose by 11.92% to ₹4,856 crore as on December 31 2025, on a Y-o-Y basis, as against ₹4,339 Crore for the same period the previous year. The lender's net profit rose by 9.70% to ₹1967 crore for the period under review, on a Y-o-Y basis, against ₹1793 crore for the nine months ended December 31, 2024.

Net interest income (NII) grew by 9.38% on a year-over-year (Y-o-Y) basis to ₹7,582 crore for the nine months ended on December 31, 2024, as against ₹6,932 crore for the corresponding period previous year.

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IDBI Bank Q3 Net profit at ₹1,935 crore

 

On Saturday, January 17, IDBI Bank Ltd. released its third-quarter earnings. From ₹1,908.3 crore the year before, its net profit rose 1.4% to ₹1,935.5 crore. In the third quarter of last year, the lender's net interest income (NII) was ₹4,228.2 crore, a 24% decrease from ₹4,209.5 crore. 

Net non-performing assets (NPA) of IDBI Bank decreased to ₹425.3 crore from ₹474.2 crore in the preceding quarter.Its net non-performing assets (NPA) margin decreased from 0.21% in the preceding quarter to 0.18%. 

Its gross non-performing assets (NPA) rose to ₹6,281 crore from ₹6,242 crore during the second quarter. The gross non-performing asset (NPA) of the lender decreased sequentially from 2.65% to 2.57%.

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ICICI Bank Q3 net profit falls 4 percent on-year

Despite stable core operating performance and better asset quality, ICICI Bank reported on Saturday a 4% year-over-year fall in standalone net profit for the fiscal third quarter due to a significant increase in provisions. 

For the quarter ending December 31, 2025 (Q3 FY26), the nation's second-largest private sector lender reported a standalone net profit of Rs 11,317.9 crore, up from Rs 11,792.4 crore in the same quarter the previous year. 

Net interest margin was 4.30 percent in Q3 FY26, up from 4.25 percent in the same period last year and 4.30 percent in Q2 FY26, while net interest income (NII) grew 7.7 percent year over year to Rs 21,932 crore from Rs 20,371 crore in Q3 FY25.

Operating expenses rose 13.2 percent year-on-year to Rs 11,944 crore from Rs 10,552 crore. The bank said this included Rs 145 crore of provisions on an estimated basis pursuant to the new Labour Codes. Treasury movements also weighed on the quarter, with the bank reporting a treasury loss of Rs 157 crore, compared with a gain of Rs 371 crore in Q3 FY25.

Core operating profit grew 6.0 percent year-on-year to Rs 17,513 crore in Q3 FY26, reflecting steady growth in net interest income and fee income.

Asset quality improved slightly, with the gross NPA ratio at 1.53 percent as of December 31, 2025, compared with 1.58 percent at September 30, 2025 and 1.96 percent a year earlier. The Gross NPAs fell to Rs 23,758 crore from Rs 27,745 crore a year ago.

The net NPA ratio stood at 0.37 percent at December 31, 2025, versus 0.39 percent at September 30, 2025 and 0.42 percent at December 31, 2024.

Provisions (excluding provision for tax) rose to Rs 2,556 crore in Q3 FY26 from Rs 1,227 crore in Q3 FY25. The bank said this included an additional standard asset provision of Rs 1,283 crore, made pursuant to the Reserve Bank of India’s annual supervisory review, in respect of a portfolio of agricultural priority sector credit facilities where the terms were found not to be fully compliant with regulatory requirements for classification as agricultural priority sector lending.

The domestic loan portfolio grew 11.5 percent year-on-year to Rs 14.31 lakh crore at December 31, 2025. Including profits for the nine months ended December 31, 2025, the bank said total capital adequacy ratio was 17.34 percent and CET-1 ratio was 16.46 percent on a standalone basis at December 31, 2025.

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HDFC Bank Q3 net profit rises 11.5% YoY

Despite some pressure on margins, HDFC Bank announced an 11.5 percent year-over-year increase in standalone net profit for the fiscal third quarter on Saturday. This increase was bolstered by consistent growth in core earnings, good deposit accretion, and stable asset quality. 

For the quarter ending December 31, 2025, the nation's biggest private sector lender reported a profit after tax of Rs 18,654 crore, up from Rs 16,736 crore during the same period the previous year. The core income parameter of HDFC Bank, net interest income (NII), rose 6.4% to Rs 32,620 crore in Q3 FY26 from Rs 30,650 crore in the same quarter last year. During the quarter, the core net interest margin was 3.51 percent on interest-earning assets and 3.35 percent on total assets.

Throughout the period, asset quality did not change. As of December 31, 2025, gross non-performing assets (GNPA) was Rs 35,179 crore, up from Rs 36,019 crore the previous year. 

From 1.42 percent during the same time last year, the gross non-performing asset (NPA) ratio decreased to 1.24 percent. The net NPA ratio decreased to 0.42 percent from 0.46 percent, while net NPAs fell to Rs 11,982 crore from Rs 11,588 crore in the previous year.

The quarter's operating costs came to Rs 18,770 crore. Operating costs were Rs 17,970 crore, up from Rs 17,110 crore during the same period last year, excluding a projected Rs 800 crore impact from employee benefits under the New Labour Code. During the quarter, the bank's core cost-to-income ratio was 39.2%. 

For the quarter, provisions and contingencies were Rs 2,840 crore, a decrease of more than 10% from the same period last year. The release of Rs 1,040 crore in contingent provisions, which were mostly connected to a sizable borrower group fulfilling certain requirements, assisted with this. The December quarter's overall credit cost ratio, excluding this release, was 0.55 percent.

On the balance sheet, HDFC Bank’s total size expanded to Rs 40.89 lakh crore as of December 31, 2025, compared with Rs 37.59 lakh crore a year earlier. End-of-period deposits stood at Rs 28.6 lakh crore, up 11.6 percent from a year earlier. CASA deposits increased 10.1 percent to Rs 9.61 lakh crore, comprising 33.6 percent of total deposits. Time deposits grew 12.3 percent year-on-year to Rs 18.99 lakh crore.

Gross advances as of December 31, 2025 were Rs 28.45 lakh crore, reflecting an 11.9 percent year-on-year increase. Advances under management grew 9.8 percent over the previous year, with retail loans rising 6.9 percent, small and mid-market enterprise loans growing 17.2 percent, and corporate and other wholesale loans increasing 10.3 percent. Overseas advances accounted for 1.7 percent of total advances.

The bank’s capital position remained strong, with the total capital adequacy ratio at 19.9 percent under Basel III norms, well above the regulatory requirement of 11.9 percent. Tier-1 capital adequacy stood at 17.8 percent, while the common equity Tier-1 ratio was 17.4 percent.

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Indian Overseas Bank(IOB) Q3 Net profit jumps 56% YoY

Indian Overseas Bank (IOB) reported its financial results for the quarter ending on December 31, 2025, on Wednesday, January 14. The IOB share price was trading nearly 2% up to ₹36.02 apiece after the company released third quarter results.

The bank posted a 56% year-on-year (YoY) rise in its net profit to ₹1,365 crore in the December quarter FY26, from ₹873.6 crore in the same quarter previous year.

Operating performance also rose 14.87% YoY to ₹2,603 crore in Q3FY26 from ₹2,266 crore in Q3FY25. On a cumulative basis, operating profit for the nine months reached ₹7,361 crore, reflecting a healthy increase of 21.27%.

IOB's Net Interest Income (NII) recorded solid growth, increasing 18.29% YoY to ₹3,299 crore in Q3FY26, compared with ₹2,789 crore in the year-ago quarter. For the nine-month period, NII stood at ₹9,104 crore, up 17.20% year-on-year, supported by improved margins and balance sheet growth.

Domestic net interest margin (NIM) rose to 3.42% in Q3FY26 from 3.35% in Q2FY26, while return on assets (ROA) improved to 1.28% from 0.93% in Q3FY25. The cost-to-income ratio stood at 45.74% in Q3FY26, reflecting disciplined cost management.

Asset quality improved during the period, with the gross NPA ratio declining by 101 basis points YoY to 1.54%. The net NPA ratio also strengthened, falling by 18 basis points YoY to 0.24%.

The Bank’s total business rose by ₹1.01 lakh crore to ₹6.44 lakh crore as of December 2025, reflecting a strong year-on-year growth of 18.71%.

During the same period, CASA deposits recorded a healthy 7.8% YoY increase, reaching ₹1.43 lakh crore by December 2025.

Strengthening its pan-India footprint, the Bank added 116 new branches over the past year, between December 2024 and December 2025, taking its total branch network from 3,322 to 3,438 as of December 2025.

Of these 3,438 domestic branches, a significant 2,000—around 58%—are located in rural and semi-urban areas, underscoring the Bank’s focus on expanding access and deepening its reach beyond urban centres.

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Union Bank of India Q3 Net profit rises 9%

State-owned Union Bank of India on Wednesday (January 14) reported a 9% year-on-year (YoY) surge in net profit at ₹5,017 crore for the third quarter that ended December 31, 2025. In the corresponding quarter of the previous fiscal, Union Bank of India posted a net profit of ₹4,604 crore, the bank said in a regulatory filing.

Net interest income (NII), representing the gap between the interest a bank generates from loans and the interest it compensates depositors, rose by 1%, reaching ₹9,328 crore compared to ₹9,241 crore in the same quarter of FY25.

In an exchange filing, the bank reported that the Gross NPA decreased by 79 basis points year-on-year to 3.06%, while the Net NPA fell by 31 basis points year-on-year to 0.51% as of December 31, 2025.

The total business of the bank saw a growth of 5.04% compared to the same period last year, as of December 31, 2025. Gross advances experienced a year-on-year increase of 7.13%, while total deposits grew by 3.36% on a year-on-year basis.

As of December 31, 2025, the total business of Union Bank of India reached ₹22,39,740 crore. The bank's global deposits rose by 3.36% year-on-year, amounting to ₹12,22,856 crore.

The bank also announced strong capital adequacy metrics. As of December 2025, the capital-to-risk-weighted assets ratio was 16.49%. Meanwhile, the CET-1 ratio rose to 13.94%, up from 13.59% the previous year.

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Quarterly Financial Results of Public & Private sector banks for Q3FY25

Public Sector Banks :

Bank of Baroda

Bank of India

Bank of Maharashtra

Canara Bank

Central Bank of India

Indian Bank

Indian Overseas Bank

Punjab & Sind Bank

Punjab National Bank

State Bank of India

UCO Bank

Union Bank of India

Private Sector Banks :

Axis Bank

Bandhan Bank

City Union Bank

DCB Bank

Federal Bank

HDFC Bank

ICICI Bank

IDBI Bank

IDFC First Bank

IndusInd Bank

Jammu & Kashmir Bank

Karnataka Bank

Kotak Mahindra Bank

Karur Vysya Bank

RBL Bank

South Indian Bank

Yes Bank

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State Bank of India (SBI) Q3 net profit up 84.32%

 Due mostly to a decrease in loan loss provisions, State Bank of India (SBI), the biggest lender in the nation, recorded a net profit of Rs 16,891 crore in the third quarter of the fiscal year 2025 (Q3FY25), up 84.32 percent from Rs 9,164 crore in the same period the year before (Q3FY24). 

The public sector lender's profit decreased 7.86 percent sequentially from Rs 18,331 crore in the September quarter (Q2FY25). 

The Net Interest Income (NII) of the Mumbai-based bank increased 4.09 percent year over year (Y-o-Y) to Rs 41,446 crore in Q3FY25 from Rs 39,816 crore in the same quarter the previous year.

In Q2FY25, NII was flat at Rs 41,620 crore. The domestic business's net interest margin (NIM) decreased from 3.34 percent in Q3FY24 to 3.15 percent in Q3FY25. NIM decreased sequentially from 3.27 percent in Q2 of FY25. 

In Q3FY25, its loan loss provisions increased from Rs 1,756 crore in Q3FY24 to Rs 2,305 crore. They fell from Rs 3,631 crore in Q2FY25, though.

 In Q3FY25, SBI's advances increased 13.49% year over year to Rs 40.67 trillion. The retail advances reached Rs 14.47 trillion, an increase of 11.65%. The total amount of deposits rose 9.81% year over year to Rs 52.29 trillion.

The share of low-cost deposits -- current account and saving account (Casa) -- in domestic books declined to 39.2 per cent at the end of December 2024 from 41.18 per cent a year ago. Sequentially, they fell to 40.03 per cent in September 2024.

 

The bank’s gross non-performing asset (NPA) ratio was 2.07 per cent at the end of December 2024 improved by 35 basis points Y-o-Y. The net NPA ratio was at 0.53 per cent, improved by 11 basis points Y-o-Y. The provision coverage ratio, including technical write-offs, stood at 91.74 per cent in December as against 91.49 per cent a year ago.

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City Union Bank Q3 Net profit rises 13%

Compared to Rs.253 crore during the same period previous year, City Union Bank's net profit for the third quarter of FY25 increased by 13% year over year (YoY) to Rs.286 crore. During the October–December period, the bank's net interest income (NII) increased by 14%, from ₹516 crore YoY to Rs.587.7 crore.

With gross non-performing assets (GNPA) falling to 3.36% from 3.54% in the prior quarter (QoQ), the lender claimed an improvement in asset quality. In a similar vein, net NPA (NNPA) decreased from 1.62% QoQ to 1.42%.

For the second quarter of FY25, the private sector lender posted a net profit of Rs.285.2 crore. In the September quarter, net interest income (NII) increased by 8.2%. GNPA decreased from 3.88% to 3.54% in Q1.

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DCB Bank Q3 Net profit grows 20%

For the third quarter ending December 31, 2024, private sector lender DCB Bank Ltd. announced a 19.6% year-over-year (YoY) growth in net profit at Rs.151.4 crore on Friday, January 24. In the same quarter of the previous fiscal year, the Vabk reported a net profit of Rs.126.6 crore.

The difference between a bank's interest income from lending and the interest it pays depositors is known as net interest income (NII), and it increased 14.5% to Rs.543 crore from Rs.474 crore in the same quarter of FY24.

In the December quarter, the gross non-performing asset (GNPA) ratio was 3.11%, compared to 3.29% in the September quarter. In comparison to 1.17% quarter-over-quarter (QoQ), net non-performing assets (NNPA) were 1.18%.

Also Read - Quarterly Financial Results of All banks for Q3FY25

In the December quarter, the gross non-performing asset (GNPA) ratio was 3.11%, compared to 3.29% in the September quarter. In comparison to 1.17% quarter-over-quarter (QoQ), net non-performing assets (NNPA) were 1.18%.

As of December 31, 2024, DCB Bank recorded a strong 23% YoY rise in advances and a 20% YoY growth in deposits. While PCR excluding gold loan non-performing assets (NPAs) was slightly higher at 75.56%, the provision coverage ratio (PCR) was 74.76%.

With a capital adequacy ratio of 16.29% in accordance with Basel III standards, the bank maintained a healthy capital position. This comprised a 13.54% Tier I capital ratio and a 2.75% Tier II capital ratio. For Q3FY25, the cost-to-average-assets ratio was 2.59% and the credit cost was 0.38%, according to key efficiency and cost criteria. 

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Bandhan Bank Q3 results: Net profit falls 42%

 

On January 31, Bandhan Bank announced a 42% drop in net profit for the quarter that ended on December 31, 2024, to Rs 426 crore. It reported net profit of Rs 733 crore in the year-ago period. Net interest income (NII) as of Q3FY25 amounted at Rs 2,830 crore as opposed to Rs 2,525 crore as of Q3FY24, reflecting a growth of 12% YoY.

Also Read - Quarterly Financial Results of Public & Private sector banks for Q3FY25

"Bandhan Bank's performance in the third quarter reflects sustainable growth, with a strong focus on risks and compliance," stated MD & CEO Partha Pratim Sengupta in his remarks about the Bank's performance. The dedication of our staff and the confidence of our clients are the foundations of our ongoing success. 

Bandhan Bank is well-positioned for the next stage of growth as we transition into Bandhan Bank 2.0, thanks to an increase in our loan book and an emphasis on technology innovation, process improvement, and fortifying our staff and products."

While the net non-performing asset (NPA) was 1.3% in Q3FY25 compared to 2.2% YoY, the gross NPA was 4.7% in Q3FY25 compared to 7% a year earlier. The quarter's Net Interest Margin (NIM) was 6.9%, down from 7.2% in Q3FY24. In Q3FY24, the provisions were Rs 684 crore, but in Q3FY25, they were Rs 1,376 crore.

Operating profit increased 22% year over year to Rs 2,021 crore in Q3FY25 from Rs 1,655 crore in Q3FY24.As of December 31, 2024, Gross Advances stood at Rs.1.32 lakh crore as against Rs.1.16 lakh crore in the previous year, a growth of 14% YoY.

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IndusInd Bank Q3 results: Net profit declines 39%

In the third quarter of fiscal year 2025, IndusInd Bank recorded a net profit of Rs 1,402 crore on January 31, 2025, which was 39% less than the Rs 2,301 crore reported in the same quarter the year before.

The net profit for IndusInd Bank's October–December quarter was predicted to drop 38.6% year over year to Rs 1,411 crore, while the net interest income was predicted to increase by 10% to Rs 5,833 crore.

At Rs 5228 crore, the net interest income (NII) was 1.2% less than the Rs 5,295 crore earned the previous year.

Also Read - Quarterly Financial Results of Public & Private sector banks for Q3FY25

In Q3 of FY25, the lender's gross non-performing assets (GNPA) were Rs 8375 crore, or 2.25 percent, as opposed to Rs 6,279 crore, or 1.92 percent, in the previous year.

Net Non-Performing Assets (NNPA) stood at Rs 2496 crore (0.68 percent) versus Rs 1,864 (0.57 percent) last year.

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Punjab National Bank(PNB) Q3 net profit doubles, NII up 7.2%

 

On Friday, Punjab National Bank said that its standalone net profit for the third quarter, which ended on December 31, 2024, had doubled to Rs 4,508 crore. In the previous year's October–December quarter, the bank made a net profit of Rs 2,223 crore.

According to a regulatory statement by Punjab National Bank (PNB), the bank's overall revenue climbed to Rs 34,752 crore in the third quarter of the current fiscal year from Rs 29,962 crore in the same time last year.

Also Read - Quarterly Financial Results of Public & Private sector banks for Q3FY25

The bank's interest income increased from Rs 27,288 crore during the same time last fiscal year to Rs 31,340 crore during the quarter. In comparison to Rs 10,293 crore in the same quarter, the bank's Net Interest Income (NII) increased 7.17 percent to Rs 11,032 crore.

Regarding asset quality, the bank's gross non-performing assets ratio decreased from 6.24 percent to 4.09 percent in the previous year. Similarly, at the conclusion of the third quarter of the previous fiscal year, net non-performing assets (NPAs), or bad loans, decreased from 0.96 percent to 0.41 percent. Consequently, provisions for bad loans decreased from Rs 2,994 crore in the previous year to Rs 318 crore in the current quarter.

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Bank of Baroda(BoB) Q3 Net profit rises 6%, NII up 3%

A net profit of Rs 4,837 crore was announced by Bank of Baroda on Thursday for the third quarter that concluded on December 31, 2024. Compared to Rs 4,579 crore in the October-December quarter of the prior year, the consolidated profit increased by 5.6%. 

According to a regulatory statement by Bank of Baroda, the bank's overall revenue climbed from Rs 31,416 crore in the previous fiscal year to Rs 34,676 crore in the third quarter of the current one.

Also Read - Quarterly Financial Results of Public & Private sector banks for Q3FY25

 According to Bank of Baroda, interest income increased to Rs 30,908 crore during the quarter from Rs 28,605 crore during the same period in the previous fiscal year. In the same quarter, the bank's Net Interest Income (NII) increased by 2.8% to Rs 11,417 crore from Rs 11,101 crore.

By the end of December 2023, the gross non-performing asset (NPA) had decreased to 2.43 percent from 3.08 percent. In a same vein, the net non-performing asset (NPA) decreased from 0.70 percent at the end of 2023 to 0.59 percent.

 However, compared to the same quarter of the previous fiscal year, when provisions and contingencies were Rs 666 crore, they increased to Rs 1,082 crore during the third quarter of FY25.

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Indian Bank Q3 Profit surges 35% YoY

The third quarter net profit of the state-owned Indian Bank increased by 35% year over year to Rs 2852 crore from Rs 2119 crore in the previous year due to fewer provisions and higher earnings. 

The quarter's net interest margin increased from 3.41% to 3.45%. Binod Kumar, the bank's new managing director, stated that the increase in profitability was a result of both a good recovery and higher net interest income. This position was taken up by Kumar earlier this month.

 Also Read - Quarterly Financial Results of Public & Private sector banks for Q3FY25

At 4749 crore as opposed to Rs 4097 crore, the bank's operational profit was 16% higher year over year. Compared to Rs 5815 crore, net interest income increased by 10% to Rs 6415 crore. At Rs 1059 crore as opposed to Rs 1349 crore, the total provisions were less.

In keeping with the improvement in asset quality, provisions to cover bad loans totaled Rs 611 crore out of this, compared to Rs 906 crore. 

At the end of December, its gross non-performing assets ratio dropped from 4.47% to 3.26%. Compared to 0.53%, net NPA was 0.21%. The provision coverage ratio increased to 90.09%, a 219 basis point improvement.

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Union Bank of India Q3 Net profit jumps 28%

On Monday, January 27, the state-owned Union Bank of India said that its net profit for the third quarter, which ended on December 31, 2024, increased 28.2% year over year (YoY) to Rs.4,603.6 crore.

 According to a regulatory filing, Union Bank of India reported a net profit of Rs.3,589.9 crore for the same quarter of the previous fiscal year. The difference between a bank's interest revenue from lending and the interest it pays depositors is known as net interest income (NII), and it rose by 0.8% to Rs.9,240.2 crore from Rs.9,168 crore in the same quarter of FY24.

In the December quarter, the gross non-performing asset (GNPA) was 3.85%, compared to 4.36% in the September quarter. Net NPA was 0.82%, down from 0.98% in the previous quarter. Monetary-wise, net non-performing assets (NPA) were Rs.7,568.4 crore compared to Rs.8,758.6 crore, while gross NPA was Rs.36,554.3 crore compared to Rs.40,498.9 crore. 

Also Read - Quarterly Financial Results of Public & Private sector banks for Q3FY25

Provisions were Rs.1,599.1 crore as opposed to Rs.1,712.2 crore for the quarter and Rs.1,747.8 crore for the quarter. As of December 31, 2024, Union Bank of India's global deposits have increased by 3.76% year over year to Rs.12,16,562 crore. With gross advances rising 5.94% year over year, the bank's whole business rose by 4.70%, contributing to a total business size of Rs.21,65,726 crore.

The RAM (Retail, Agriculture, and MSME) segment witnessed a robust 9.26% year-on-year growth, driven by a 16.36% rise in retail advances, a 4.34% increase in agriculture loans, and a 6.34% uptick in MSME advances. RAM advances now constitute 56.69% of the bank's domestic advances.

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Federal Bank Q3 profit falls 5%

Federal Bank, a private sector lender, announced on Monday that its third quarter net profit, which ended in December 2024, decreased by 5% to Rs 955 crore. In the same quarter last year, the bank made a net profit of Rs 1,007 crore.

However, according to a regulatory filing from Federal Bank, overall income rose to Rs 7,725 crore during the reporting quarter from Rs 5,593 crore during the same period last year.

 

In addition, interest income increased to Rs 6,809 crore during the reviewed quarter from Rs 5,730 crore during the same period last year. In the third quarter of the previous fiscal year, operating profit increased to Rs 1,559 crore from Rs 1,437 crore.

On the asset quality front, the bank's gross non-performing assets ratio improved to 1.95 per cent as against 2.29 per cent a year ago. Similarly, net NPAs, or bad loans, came down to 0.49 per cent from 0.64 per cent at the end of the third quarter last fiscal year.

However, the overall provisions, excluding tax, tripled to Rs 292 crore during the quarter from Rs 91 crore a year ago. Capital Adequacy Ratio rose to 15.16 per cent from 15.02 per cent at the end of the third quarter of the previous financial year.

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