Total group income for the quarter rose to 2.7 billion rupees from 1.6 billion, according to interim results released by the bank.
Group profit attributable to shareholders in the first half rose 73 percent to 855 million rupees, compared with 494 million last year.
This was excluding the exceptional capital gain of just over a billion in the first quarter of 2006 from the sale of the controlling interest in Eagle Insurance Company Ltd.
Shareholders’ Funds as at 30 June 2007 amounted to 11.03 billion for the group, which is well in excess of the regulatory minimum standards, a bank statement said.
The Tier 1 and Tier 2 capital for the Group amounted to 21.42% compared with the regulatory minimum of 10%.
For the bank alone, p