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BREAKING NEWS ""**If we want PSU bank to compete with Pvt bank ---Give them a break Saturday first****Outcome of Today’s meeting with IBA - 31.01.2023*********

Sunday, January 24, 2021

Indian Bank Net profit 514.28 cr

*Indian Bank Q3* :

 *Net profit* : Rs 514.28 cr for Q3FY21 as against net loss of Rs 1,739 cr last year

 *Gross NPA* : 9.04% as against 12.69%, y-o-y.

 *Net NPA* : *2.35 %* !!! decreased from 4.22%  a reduction of 187 bps

 *Capital adequacy ratio* (CRAR) :14.06% as on Q3FY21 as against13.64 % last year.
 *Tier-I CRAR* : 11.18 %

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State-run banks write off Rs 6.15 lakh cr of loans in 5.5 years

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