The Karur-based bank's operating profit increased by 20 per cent to Rs 79.95 crore as against Rs 66.23 crore.
Total interest income in the first quarter increased by 27 per cent to Rs 327.67 crore from 256.18 crore. Interest on advances rose by 31 per cent to Rs 253.93 crore from Rs 193.62 crore. Other income was at Rs 48.73 crore.
Net non performing assets (NPA) as a per centage of net advances was at 0.28 per cent as on June 30 compared to 0.25 per cent a year ago. The capital adequacy ratio of the bank was at 12.22 per cent.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
