New Delhi: State-owned Allahabad Bank’s net distinction for a entertain finished Mar 2015 rose 28.5 percent to Rs 202.63 crore, from Rs 157.75 crore a year ago, on aloft income from sell banking and other sources.
“Total income has increasing to Rs 5,390.71 crore for a entertain finished Mar 31, 2015, from Rs 5,237.68 crore for a entertain finished Mar 31, 2014,” a bank pronounced in a filing to BSE.
During a pronounced quarter, a bank warranted income of Rs 1,460.29 crore from sell banking operations, adult from Rs 1,338.56 crore a year ago.
Income from other sources rose to Rs 565.86 crore in a duration underneath review, from Rs 426.16 crore a year
The item peculiarity of a bank softened during a entertain as sum non-performing resources (NPAs) as commission of sum advances came down to 5.46 percent from 5.73 percent a year ago.
Net NPAs or bad loans during 3.99 percent of net advances also shrank in a Mar entertain as opposite 4.15 percent final fiscal.
For a full mercantile 2014-15, a bank’s net distinction stood during Rs 620.9 crore compared with Rs 1,172.02 crore in a prior fiscal.
Total income increasing to Rs 21,712.13 crore for a year to March-end, from Rs 20,912.43 crore for a year finished 31 Mar 2014.