According to the banking major, its net profit during the quarter under review rose to Rs 432 crore from Rs 319 crore in the corresponding period of 2016-17.
The company's net interest income (NII) inched up by one per cent to Rs 4,540 crore in the second quarter of 2017-18 from Rs 4,514 crore during the same quarter last year.
"Net interest margin for Q2FY18 stood at 3.45 per cent. NII for H1FY18 too rose one per cent YOY (year-on-year) to Rs 9,156 crore from Rs 9,031 crore in H1FY17," the banking major said in a statement.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.
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