<p>“A healthy growth of 48 per cent in our fee-based income at Rs 350 crore helped us post a good net profit of Rs 287 crore in Q3 FY 10,” IDBI Bank CFO R K Bansal told PTI here.<br /><br />The bank’s NPAs, however, rose marginally due to the economic downturn with its gross NPAs up from 1.7 per cent to 2 per cent and net NPAs up from 1.19 per cent to 1.4 per cent.<br />“But this is not alarming,” Bansal claimed, adding the lender restructured only five cases during Q3 amounting to Rs 80 crore.<br /><br />The bank had made a provisioning of Rs 353 crore in the quarter, which includes Rs 107 crore for Income Tax and Rs 170 crore for NPAs, he said.</p>
<p>“A healthy growth of 48 per cent in our fee-based income at Rs 350 crore helped us post a good net profit of Rs 287 crore in Q3 FY 10,” IDBI Bank CFO R K Bansal told PTI here.<br /><br />The bank’s NPAs, however, rose marginally due to the economic downturn with its gross NPAs up from 1.7 per cent to 2 per cent and net NPAs up from 1.19 per cent to 1.4 per cent.<br />“But this is not alarming,” Bansal claimed, adding the lender restructured only five cases during Q3 amounting to Rs 80 crore.<br /><br />The bank had made a provisioning of Rs 353 crore in the quarter, which includes Rs 107 crore for Income Tax and Rs 170 crore for NPAs, he said.</p>