UwidoNews

In challenging market conditions, Indian Bank could report a net profit of Rs. 1,245.32 crore in the 12 months ended March 31, 2009, against Rs. 1,008.74 crore in the previous year, a growth of 23 per cent.Addressing a press conference here on Monday, M. S. Sundara Rajan, Chairman and Managing Director said, the bank, during the year, witnessed sustained growth.