Its total income rose to Rs 4,788.04 crore during the quarter under review, from Rs 4,512.96 crore in the year-ago period, Indian Bank said in a BSE filing.
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The Reliance earnings, combined with Wipro Ltd's $1.71 billion share buy-back plan and upbeat results, helped lift investor optimism.
South Asia will be the fastest growing of all sub-regions in Asia and the Pacific, with growth on track to meet original projections of 7 per cent in 2017 and 7.2 per cent in 2018, according to Asian Development Bank.
ICICI Bank, India's third-biggest lender by assets which owns about 63 percent of ICICI Lombard, plans to sell up to a 7 percent stake, or 31.8 million shares, in the IPO.
Markets are also keeping an eye on corporate earnings including from Tata Consultancy Services Ltd on Thursday and Infosys Ltd on Friday.
Net profit was Rs 837 crore in its fiscal first quarter ended June 30, compared with Rs 661 crore a year earlier, the sixth-largest Indian private sector lender by assets said on Tuesday.
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