The bank's total income rose by 16.06 per cent to Rs 5,473.54 crore in the third quarter compared with the same period previous year, but the net interest margins (NIMs) remained flat at 3.99 per cent. The company posted net profit at INR 936.25 crore for December quarter.
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Intel will also use 5G during the Olympics Winter Games to show sports and entertainment experiences with VR and 360-degree video. "This has been a major research effort by Intel and today we have a fully functioning neuromorphic research chip", he said .
Commenting on the performance, IndusInd Bank MD & CEO Romesh Sobti said: "The bank has continued to show a steadfast performance again in this quarter".
Net interest income (NII), or the core income a bank earns by giving loans, increased 20.04% to Rs1,894.81 crore versus Rs1,578.42 crore past year.
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They told the News Agency of Nigeria that there was need for peace to reign for the growth and development of the state. Ortom stated this in Makurdi on Thurday, January 11, 2018, at a mass burial for 73 victims of the herdsmen crisis.
However, the company's bad loans portfolio increased with the net NPA (non-performing assets) level at 0.46 per cent, up from 0.39 per cent reported during the corresponding period of 2016-17 and 0.44 in the second quarter of 2017-18. The bank's capital adequacy remained strong for Q3FY18 at 15.83 per cent compared to 15.31 in the previous year's corresponding quarter. Gross and NPAs were at ₹1,784.31 crore and ₹1,262.96 crore, respectively in Q3 of 2017-18 against ₹1,560.23 crore and ₹1,065.66 crore in third quarter of 2016-17, respectively. Karnataka Bank shares were trading higher by 2.52 per cent at Rs 166.80 on the BSE.
Sobti added, "We have maintained a stable quality loan book". IndusInd bank's provisions and contingencies rose to Rs 236.16 crore in the third quarter compared with Rs 216.85 crore in the same period previous year. Fee income, too, grew 22 per cent to Rs 1,076.51 crore.
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The Okanagan's total assessment value increased from $98 billion in July of 2016 to $119 billion in July of 2017. The biggest gains are seen across all residential types in Langley, with assessed values up almost 20 per cent.