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In a regulatory filing, the bank said the net profit for the quarter ended December 31, 2023 stood at about Rs 3,005 crore up from about Rs 2,792 crore in Q3FY23.
According to the bank, the Q3FY24 results include Rs 143 crore provision (post tax) on applicable Alternate Investment Fund (
Net Interest Income (
Net Interest Margin (
During the period under review, the bank’s total interest income stood at Rs11,799.2 crore, up from Rs 8,998.61 crore earned during the corresponding period in the previous year.
As on December 31, 2023 the bank’s gross and net non-performing assets stood at Rs 6,301,67 crore (Rs 5,994.57 crore on December 31, 2022) and Rs 1,225.26 crore (Rs1,344.77 crore).
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