The bank trimmed its losses for the quarter against a Rs 836.62 crore loss it posted in the corresponding October- December quarter of the previous fiscal.
"Total income has decreased to Rs 6,787.87 crore during the quarter against Rs 6,911.620 crore in the same quarter of the previous fiscal," the bank said in a regulatory filing.
On asset quality, the bank's gross non performing assets (NPAs) grew to 14.14 per cent of gross advances during the December quarter, against 8.95 per cent in the year-ago period.
The provisioning for bad loans and contingencies was at Rs 1,486 crore during the quarter, slightly down from Rs 1,499.05 crore year ago.
Central Bank said it allotted over 1.71 crore shares to LIC on a preferential basis for Rs 139.65 crore.
Disclaimer: No Business Standard Journalist was involved in creation of this content
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
