Mumbai, May 6 (IANS) The Indian Bank on Monday reported a 55 per cent rise in net profit to Rs 2,247 crore for the January-March quarter of 2023-24, compared to the corresponding figures of Rs 1,447 crore reported in the same period of the previous year. Advertising AdvertisingThe public sector bank’s board of directors has recommended a dividend of Rs 12 per share for 2023-24.The total income of the bank increased by 19 per cent to Rs 16,887 crore in the March quarter of FY24, from Rs 14,238 crore in the same period in FY23.The bank’s net interest income (NII) increased by 9 per cent year-on-year to Rs 6,015 crore in the March quarter of FY24, from Rs 5,508…
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