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Indian Bank Q4 profit rises 32% to ₹2,956 crore on improved core income

Business Standard LogoBusiness Standard1d ago

Indian Bank Q4 profit rises 32% to ₹2,956 crore on improved core income - Business Standard

Quick Summary:

State-owned Indian Bank on Saturday reported a 32 per cent jump in net profit to Rs 2,956 crore for the March quarter of 2024-25, helped by a decline in bad loans and a rise in core income.

During the quarter, the bank's total income increased to Rs 18,599 crore from Rs 16,887 crore a year ago, Indian Bank said in a regulatory filing.

Interest income grew to Rs 15,856 crore from Rs 14,624 crore in the fourth quarter of the previous financial year.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-03 @ 18:59:37 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 584 words

Reading Time: 4 minutes read

Sentences: 24 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 28334461

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 171 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #49

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