Headline results at Gross NPAs up to INR 22.02 bln from below 20 bln last wuarter and a NIM of 4.1% with Gross NPAs down to 1.03% vs 1.11%

September 2011 had grown income to $1.6 bln by Indian GAAP or nearly INR 79.5 bln up 37% from September 2010 despite the bad credit conditions that actually meant INR 30 bln in NII and INR 12 bln in Other income ( Fee  and non interest income) at 4.1%. October saw a marginal pullback in credit figures as well NII growth should be closer to 20% as the bank has grown i\assets in the new quarter and NIM is good at 4.1%

Posted via email from The India Investment Post