Total income rose to Rs 13,823.33 crore during the latest quarter, up from Rs 10,874.12 crore in the year-ago period.
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The bank's provision for loan losses in the quarter ended March 31 soared to Rs 36.62 billion from about Rs 4 billion a year ago, according to its results.
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The Indian banking sector has been struggling with high levels of non-performing assets, exacerbated by weak performances in the infrastructure and airline sectors
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Congress chief Rahul Gandhi has disclosed equity holding in Young Indian and investments in several mutual funds
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The bench, which did not go ahead with contempt proceedings against the RBI, made it clear that it was giving a last opportunity to it to comply with provisions of the transparency law
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Fitch has a 'BBB-', the lowest investment grade, rating on India, with a stable outlook.
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The purchase, called as open market operations (OMOs), will be undertaken in two equal tranches with the first one on May 2
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The share swap ratio for the merger will be 568 shares of Bandhan Bank for every 1,000 shares of Gruh Finance.
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