Indian Bank Q3 net profit more than doubles to ₹514 cr
Fri, Jan 22, 2021 3:35 PM

Indian Bank Q3 net profit more than doubles to ₹514 cr

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Indian Bank on Friday announced more than doubling of its profit at ₹514.28 crore for the Q3 ended December 2020. The bank's profit in the year-ago period stood at ₹247.16 crore. The percentage of net NPA was lower at 2.35% as against 3.50% a year ago and 2.96% inQ2. The bank said it had made provisioning of ₹2,314.35 crore towards bad loans and contingencies.

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