India, Feb. 2 -- The bank reported standalone net profit of Rs 3.05 crore for the quarter ended December 31, 2023 as compared to Rs 21.73 crore in the same period last year, registering a year-on-year decline of 85.96 per cent.
Interest income of the bank rose by 11.39 per cent at Rs 307.72 crore for the quarter ended December 31, 2023 as against Rs 276.26 crore in the corresponding period last year.
During the October-December quarter, total income rose moderately by 10.01 per cent to Rs 343.42 crore from Rs 312.18 crore in the year ago period.
Meanwhile, operating expenses increased by 24.52 per cent to Rs 321.11 crore from Rs 257.87 crore in the same period last year.
Operating profit slipped 58.92 per cent to Rs 22.31 crore from Rs...