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Mumbai: Standard Chartered Bank India, has clocked a 12 per cent growth in its profit after tax at Rs 1,907-crore for FY 09 while its income grew 22 per cent at Rs 8,747-crore in the same period.
This was on the back of a 33 per cent growth in non-interest income, the bank said in a press release issued.
Its deposits and advances increased by 13 per cent and 12 per cent to Rs 41,802-crore and Rs 37,516-crore respectively, in FY 09, the release said.
The bank's India & South Asia, Regional Chief Executive, Neeraj Swaroop, said that "the wholesale bank has performed strongly, while consumer bank has benefited from a shift to a more customer-centric business model. We continue to maintain our discipline and focus on the basics of good banking, which include rigorous risk, liquidity and capital management."
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