Public Sector Indian Bank reported a net profit of Rs 371.98 crore for the second quarter of the current fiscal. The bank had a net profit of Rs.282.92 in the corresponding period last year,its Chairman M S Sundrarajan said announcing the Q2 financial results at a press conference. The Chennai-headquartered bank had earned a net profit of Rs 703.64 crore for the first half of the current fiscal against Rs.500.74 crore for the corresponding period a year ago. Total income of the bank rose to Rs 2,174.37 crore in the latest quarter from Rs 1,900.93 crore in the same quarter in the previous fiscal,he said. The bank would open more ATMs this year,taking the total numbers to 1,000 by the end of the fiscal,he said.
