Allahabad Bank, on Thursday, reported a sharp decline in its profit which dipped to Rs.310.83 crore for the October-December 2012 period from a year ago figure of Rs.560.4 crore.
The bank saw a rise in its gross non-performing assets from Rs.1,886.9 crore to Rs.3,531. 6 crore in the quarter under review.
Total income increased to Rs.4,785.34 crore from Rs.4,260.28 crore.
via The Hindu Newspaper http://www.thehindu.com/business/Industry/allahabad-bank-q3-profit-dips/article4366420.ece
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