ING Vysya Bank has reported results for third quarter ended December 31, 2012.
The bank has reported 35.82% rise in its net profit at Rs 162.33 crore for the quarter as compared to Rs 119.52 crore for the same quarter in the previous year. Total income of the bank has increased by 22.73% at Rs 1425.46 crore for quarter under review as compared to Rs 1161.45 crore for the quarter ended December 31, 2011.
The bank’s gross NPA for the December 31, 2012 quarter of the current fiscal stood at 1.77%, lower as compared to 2.01% in the same quarter of the previous year. Besides, bank’s Net NPA remained lower at 0.05% in the quarter under review as against 0.31% in Q3FY12.
