Public sector lender Indian Bank today reported a 7 per cent growth in net

RELATED ARTICLES Canara Bank net decline 17% at Rs 3,341.69 in FY12 Indian Bank net flat in FY12; Q4 net falls 21% Mamata red flag puts off pension bill Union Bank Q4 net up 29.4% to Rs 773.19 cr Andhra Bank Q4 net rises 8.6% to Rs 340 cr

profit to Rs 525.93 crore for the quarter ended December 31, 2011.

The company had posted a net profit of Rs 491.29 crore for the October-December quarter last fiscal.

Total income of the bank increased to Rs 3,505.25 crore during the third quarter from Rs 2,640.58 crore in the corresponding period last year, the bank said in a filing to the BSE.

Interest income of the bank rose to Rs 3,224 crore from Rs 2,391 crore in the same period last year, it said.

Shares of Indian Bank were being quoted at Rs 216.50 apiece in afternoon trade on the BSE, down 0.69 per cent from their previous close.