Net Interest Margin (NIM) stood at 2.17% for QE Sept 2017 showing improvement of 27 basis points as compared to QE Sept 2016 and 45 basis points as compared to the preceding June quarter.
Net Losses stood at Rs 198 crore compared to a profit of Rs 56 cr last year.
Compared to the June quarter, net Losses reduced by 76.78% despite a rise in the provisions and contingencies on sequential basis for last 3 consecutive quarters.
This was despite reduction in interest earning assets & reversal of interest on SDR/S4A, the bank said.
As a result, operating profit increased by 81.69% on year to 2,798 crore, representing an increase of 219.04% sequentially.
The bank, which has been among the worst hit by loan defaults by big corporate houses, said gross NPAs stood at 24.98% and Net NPA at 16.06% as on Sept 30, 2017.
CRAR and CETI increased from 10.92% and 5.71% as on June 30,2017 to 11.98% and 6.56% as on Sep 30, 2017 respectively.
Fresh slippages reduced to 3,381 crore during QE Sept 2017 as compared to 5,587 crore during QE Sept 2016 and 7,659 crore during QE June 2017.
Recovery and Upgradation improved to 4,035 crore during HY ended Sept 2017 from 2,729 crore during the six months ended Sept 2016. The number for the quarter was not given in the statement.
CASA ratio was 35.34% against 27.69% last year and 33.67% three months ago.
Bulk Term Deposits has been lowered to 77,372 crore as on Sept 2017 from 1,08,890 crore as on Sept 2016 and by 2.09% from 79,025 crore as on June 2017.
As a result, interest expenditure reduced by 19.31 % to 4,347 crore for QE Sept 2017 from 5,387 crore for 2016 and by 5.68% compared to the preceding quarter.
Cost of Funds stood at 5.95% for the quarter ended Sept 2017 showing improvement of 77 basis points as compared to 2016 and 4 basis points as compared to June 2017.
Since April 2017, Gol and LIC have infused Equity Capital of 21861 crore and 2394 crore respectively in the Bank, it said.