NII, which is the difference between interest earned and interest expended, rose 20 per cent on a year-on-year (y-o-y) basis to Rs 1,894.81 crore.
The bank posted net profit of Rs 936.25 crore, higher by 24.72% from Rs 750.64 crore in the corresponding period of previous year. Karnataka Bank shares were trading higher by 2.52 per cent at Rs 166.80 on the BSE.
The gross non-performing assets (NPAs) of IndusInd Bank increased to 1.16 per cent of the total advances during the third quarter of the current fiscal, against 0.94 per cent at the end of third quarter of 2016-17.
The Australian Open: Contenders v pretenders to win the tournament
Federer could face seventh-seeded David Goffin or 12th-seeded Juan Martin del Potro in the quarter-finals. However, the real challenge could be Marin Cilic in the quarterfinal round (again, presuming chalk).
Joey Barton: Manchester City can break unwanted record against Liverpool
The Gunners will try to pick up a road win going off as -145 road favorites Sunday at Bournemouth (+355 to win, +500 to draw). City continue to lead the way in England's top-flight, with a gap of 14 points between themselves and Manchester United.
Celebrity Big Brother's Andrew Brady admits he fancies Courtney Act when drunk
The men won two of the three challenges and so won control of the house, meaning they will nominate next. Big Brother then asked whether he sees Courtney and Andrew as two different people.
IndusInd Bank fell 1.37% to Rs 1,711.05 at 14:21 IST on BSE after the bank reported its Q3 December 2017 result during market hours today, 11 January 2018. Other income was at Rs1,186.76 crore, up 16.72% from Rs1,016.80 crore a year ago. "In spite of the growth of the balance sheet, we have seen an increase in the return on assets (RoA) and the return on equity (RoE) as well", he said.
He said vehicle finance, which is now entering into a boom phase, showed robust growth. "If you look at only commercial vehicle, disbursements grew by 39%", Mr. Sobti said. "The growth is pretty secular - two-wheelers, three-wheelers and tractor segments are also witnessing growth", he said.
Provisions and contingencies rose 8.9% to Rs236.16 crore in the quarter from Rs216.85 crore a year ago.