The bank’s total income during the reporting quarter stood at Rs 1,464 crore an increase of 28.18 per cent over Rs 1,142.65 crore of the previous fiscal quarter.
The net profit for the year ended March 31, 2008 at Rs 734.99 crore saw an increase of 37.09 per cent over last year’s net profit of Rs 536.14 crore.
As bank’s total income for the fiscal year was Rs 5,216.33 crore, as against Rs 3,996 crore in the previous year, an increase of 30.54 per cent.
The bank’s growth in advances year-on-year was 30.83 per cent from Rs 29,950 crore to Rs 39,186 crore as on March 31, 2008. The gross non performing assets of the bank has come down to 1.47 per cent in the year eneded 2008 compared to 2.05 per cent last year.
