ING Vysya Bank has reported results for second quarter ended September 30, 2012.
The bank has posted a rise of 30.20% in its net profit at Rs 150.21 crore for the quarter ended September 30, 2012 as compared to Rs 115.37 crore for the same quarter in the previous year. Total income has increased by 24.73% at Rs 1366.49 crore for quarter under review as compared to Rs 1095.53 crore for the quarter ended September 30, 2011.
Gross non-performing assets (NPAs) of the bank declined and stood at 0.13% for the quarter as against 0.31% in the same quarter of previous year. Net non-performing assets (NPAs) of the bank were at 1.26%, higher than 1.12% in the similar quarter of previous fiscal.
