Kerala-based SBT's total income grew to Rs 2,652.14 crore during the first quarter as against Rs 2,644.24 crore in the same period of last year.
However, the bank's provisioning for NPAs rose to Rs 245.52 crore as compared to Rs 221.41 crore during April-June 2014.
"During the quarter ended June 30, 2015, the bank has allotted 11850694 equity shares of Rs 10 each at a price of Rs 400 per share (including premium of Rs 390 per share) aggregating to Rs 474.03 crore on right issue basis," the bank said.
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
