Benchmark indices extended gains in noon trade, with the Nifty inching towards 9300 level on global support after French polls.
Public sector lender Indian Bank has reported solid performance in January-March quarter as profit soared 3.4 times to Rs 319.7 crore compared with Rs 93.6 crore in year-ago quarter despite higher provisions. Net interest income, operating profit and tax credit boosted profitability.Net interest income, the difference between interest earned and interest expended, grew by 22.1 percent year-on-year to Rs 1,384.9 crore in the quarter ended March 2017.
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Public sector lender Indian Bank has reported solid performance in January-March quarter as profit soared 3.4 times to Rs 319.7 crore compared with Rs 93.6 crore in year-ago quarter despite higher provisions. Net interest income, operating profit and tax credit boosted profitability.Net interest income, the difference between interest earned and interest expended, grew by 22.1 percent year-on-year to Rs 1,384.9 crore in the quarter ended March 2017. 
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