The interest margin narrowed to 4.47 percent from 5.16 percent and return on average assets fell to 1.53 percent from 1.82 percent.
Update II
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91 rupees per share were reported on total profits of 993 million rupees, up 3.3 percent from a year earlier.
Interest income rose 15.3 percent to 6.0 billion rupees in the quarter but interest expenses rose at a faster 37 percent to 3.
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9 billion rupees, shrinking net interest income 10.3 percent to 2.1 billion rupees.
Fee income rose 34 percent to 534 million rupees. The bank said it benefitted from a increased focus on trade finance and fee generating products and services.
Investment gains and forex income fell 33 percent to 224 million rupees, with fair valued gains falling to 1