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IndusInd Bank has reported a 30 per cent rise in net profit at Rs. 430 crore on the back of robust non-interest income and loan growth.
The net profit stood at Rs. 330 crore in the second quarter last fiscal.
Net interest income or the difference between interest earned and expended increased 19 per cent to Rs. 833 crore from Rs. 700 crore in the same quarter last year.
Non-interest income jumped 34 per cent to Rs. 558 crore from Rs. 417 crore.
Source : The Hindu
The net profit stood at Rs. 330 crore in the second quarter last fiscal.
Net interest income or the difference between interest earned and expended increased 19 per cent to Rs. 833 crore from Rs. 700 crore in the same quarter last year.
Non-interest income jumped 34 per cent to Rs. 558 crore from Rs. 417 crore.
Source : The Hindu
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