Standalone profit for the bank increased by 30% yoy from Rs 1,026 crore in June 2010 to Rs 1,332 crore in June 2011.
Current and savings account (Casa) ratio for the quarter stood at 41.9%.
Net non-perfoming asser ratio decreased from 1.62% in June 2010 to 0.91% on June 2011. Even on a sequential basis it had fallen from 0.94% at March quarter 2011.
Net interest income for the bank increased from Rs 1991 crore during the quarter of June 2010 to Rs 2441 crore for the June quarter of 2011, representing an increase of 21%.
Income from fee increased from Rs 1431 crore in June 2010, to Rs 1578 crore during the June qurter of 2011. The growth was 12%.
On the other side, provisions deccreased by 43% to Rs 454 crore after making additional provisions for sub-standard and doubtful assets in accrdance with revised Reserve Bank of India.
Advances increased by 20% yoy from Rs 1,84,378 crore at June 30, 2010 to Rs 2,20,693 crore at June 30, 2011. Savings deposits grew by 18% yoy to Rs 66858 crore.
Capital adequacy ratio on June 30, 2011 was at 19.57% which was above the RBI regulatory requirement of 9.0%. Even the Tier-1 capital adequacy ratio of 13.36% was more than the regulatory norm of 6%.