Profit Before Tax for Citibank India rose 15.8 percent
The company's Profit After Tax rose 18.3 percent to INR 3,423 crores from INR 2,893 crores during the same period.
As on March 31, 2015, Citibank India’s total assets were INR 138,776 crores, with advances growing by 7.7 percent to INR 60,896 crores.
The Bank’s deposits grew 13.5 percent during the same period, and the CASA ratio stood at 49 percent.
As on March 31, 2015, the Bank’s capital adequacy ratio stood at 15.3 percent and the net NPA ratio improved to 0.4 percent from 1.24 percent.
Operating Expense to Net income ratio stood at 34.3 percent for the period ended March 31, 2015. For Citi India as a whole, total assets including credit extended to Indian corporate clients from offshore branches stood at INR 180,028 crores as on March 31, 2015.
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