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Home   >  News   >  Business News   >  Indian Bank reports profits despite turbulent times
 
 
Indian Bank reports profits despite turbulent times  [Friday, July 24, 2009]
   
 

                              Indian Bank reported a good performance in all segments in the first three months ended June 30,2009, despite the challenging economic scenario. M S Sundara Rajan, Chairman and Mananging Director said the net profits has risen by 52.4 percent to Rs 331.66 crore from Rs 217.62 crore in the last year.The gross advances as reported grew by 20.6 percent to Rs 128,701 crore from Rs 106,691 crore.