The total earnings of the bank increased to Rs 2,250.8 crore for the quarter under review, as against Rs 2,107.09 crore a year before, the bank said in a regulatory filing.
The bank kept its grip on asset quality as it saw only a marginal uptick in its bad loan profile, with gross non-performing assets (NPAs) rising to 2.92 percent of gross advances as of June 2016 against 2.59 percent a year ago.
Net NPAs were at 1.68 per cent of net loans at the end of June, up from 0.98 percent in the previous year. Provisions went up to Rs 168.48 crore as of June 2016 as against Rs 153.10 crore at the end of June 2015. The stock traded 2.87 percent higher at Rs 62.75 on BSE in the afternoon session.

Latest News  from Business News Desk