On Wednesday, Induslnd Bank reported 5.2 percent rise in the third-quarter profit, helped by higher-interest income. The Net Profit was $139.65 million (Rs. 985 crores) for the quarter ended on December 21, compared a year earlier at Rs. 936 crores, said the bank source. Interest earned rose to 34.4 percent to Rs. 5763 crore.

Gross ban loans as a percentage of total loans stand at 1.13 percent at the end of December 2018, compared to 1.09 percent in the last quarter and 1.16 percent a year earlier.

($1 = Rs. 70.53)

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PM Modi Pays Tribute To Atal Bihari Vajpayee On His First Death Anniversary

PM Modi Pays Tribute To Atal Bihari Vajpayee On His First Death Anniversary

by Susmita August 16, 2019
Today, Prime Minister Narendra Modi and several of his cabinet colleagues including President Ram Nath Kovind, Home Minister Amit Shah along with several top leaders are paid tribute to former prime minister Atal Bihari Vajpayee on his first death anniversary. Official sources said that PM Modi, the Union ministers, and other top leaders would visit “Sadaiv Atal” which is the memorial of the former prime minister and there they will...