Net profit of 14 banks down 2.8% to Rs 9771 cr

Banks

Interest
income

% chng

Net
profit

% chng

IDBI Bank*

2655.72

260.4

307.26

132

HDFC Bank

3093.49

21.4

665.56

30.6

ICICI Bank

9409.9

4.5

2005.2

22.5

State Bank of India

32428

6.5

4304.52

16.9

Kotak Mahindra Bank

420.3

45.8

84.89

7.8

Union Bank of India

4969.79

10

719.06

1

IndusInd Bank

1134.4

15

210.15

-19.8

Bank of Baroda

6431.42

4.6

676.84

-30

Bank of Maharashtra

2367.69

7.7

177.12

-41.8

Central Bank

5204.88

2.8

357.41

-42.2

Bank of India

6031.53

4.1

340.05

-66.3

Dena Bank

1725.18

-0.6

61

-73.5

Centurion Bank

346.09

3.7

25.11

-

Development Credit Bank

303.22

-14

-162.91

-

Aggregate

76521.61

9.1

9771.26

-2.8

*after merger

 Development Credit Bank turned deep into the red with a net loss Rs 163 crore compared with a net profit Rs 17.36 crore in 2003-04.  Among 14 banks, the merged IDBI Bank had the highest rise of 132 per cent in net profit to Rs 307 crore. HDFC Bank ranked second with 30.6 per cent growth in profit to Rs 666 crore. It followed by ICICI Bank (22.5 per cent), State Bank of India (16.9 per cent) and Kotak Mahindra Bank (7.8 per cent).  The 6 banks which had fall in profit led by Dena Bank with 73.5 per cent to Rs 61 crore, followed by Bank of India (66.3 per cent), Central Bank (42.2 per cent), Bank of Maharashtra (41.8 per cent), Bank of Baroda (30 per cent) and IndusInd Bank (19.8 per cent).  The 30 banks situated elsewhere in the country underperformed western region banks with net profit decline of a 9.6 per cent. Their interest income grew by 8.9 per cent to Rs 66,302 crore while other income had decline of 22.8 per cent to Rs 12,549 crore.