Net interest income increased nearly 33% to Rs 9,699 crore versus Rs 7303.7 crore year-on-year, which was good according to analysts'.
Net non-performing assets (NPA) of the bank declined from 1.7% Q1Fy11 to 1.61% in the April-June quarter of 2011. However, gross NPAs increased to 3.52% Q1FY12 versus 3.14% year-on-year.
The bank has made provisions of Rs 4,157 crore in the quarter ended June 2011, an increase of 168% as compared to Rs 1,551 crore in the corresponding quarter last fiscal.
Capital adequacy ratio for the April-June period of 2011 stood at 11.6%. Meanwhile, other income fell from Rs 3,690 crore in Q1FY11 to Rs 3,534 crore in during Q1FY12.