As per the financials of the bank, the deposits of the bank during 2010-2011 rose by 21.5% to Rs 59,723 crore, while advances were recorded to jump of 30.8% to Rs 42,833 crore. However, for the current fiscal, the bank expects a 28% increase in advances, while predicts the deposits to grow at 30%.
Further, a marginal rise of 3.5% was recorded in the net profit of the bank for the fiscal ended March 31, 2011. The net profit was reported at Rs 526.1 crore as against Rs 508.8 crore in the previous fiscal. The total business, however, crossed Rs 1,02,555 crore at the end of March, 2011.