According to the bank, its standalone net profit during the quarter under review stood at Rs 343.40 crore as compared to Rs 306.36 crore in the corresponding period of 2016-17.
The lender's total income during the quarter under review rose by 7.37 per cent to Rs 14,468.14 crore from Rs 13,475.41 crore earned during Q1 of FY17.
The amount of gross non-performing assets (NPAs) of the bank stood at Rs 57,720.70 crore in the April-June period in 2017-18 as compared to Rs 56,654.09 crore in the corresponding period in the previous fiscal.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
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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.