Syndicate Bank Q2 profit up 43% at Rs 463 cr
The bank had a net profit of Rs 323 crore during the same quarter of the previous fiscal
Syndicate Bank today reported 43.3% increase in net profit at Rs 463 crore for the July-September quarter.
The bank had a net profit of Rs 323 crore during the same quarter of the previous fiscal.
Total income of the state-owned bank increased to Rs 4,546.33 crore in the July-September quarter, from Rs 4,015.64 crore in the same period a year-ago, Syndicate Bank said in a BSE filing.
However, gross NPAs rose marginally to 2.47% of loan assets as on September 30, 2012 as compared to 2.38% at the end of second quarter of the previous fiscal.
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First Published: Oct 22 2012 | 5:05 PM IST