During fiscal 2018, other income degrew 6% YOY and stood at Rs 10,967 crores. Other income (comprising fee, trading profit, and miscellaneous income) for the fourth quarter of 2018 de-grew 7% YOY to Rs 2,789 crores as against Rs 3,013 crores during the same period last year. The Net Interest Income for the fourth quarter of 2018 was flat YoY and Quarter-on-Quarter (QoQ) at Rs 4,730 crores. The Fee income for fiscal 2018 grew by 12% YOY basis and stood at Rs 8,867 crores. Net interest margin for fiscal 2018 stood at 3.44% The Net Interest Income for fiscal 2018 rose 3% YOY to Rs 18,618 crores from Rs 18,093 crores during fiscal 2017. The Net Interest Income for fiscal 2018 grew 3% Year-on-Year (YOY) basis at Rs 4,730 crores and the Net interest margin stood at 3.44%.
The Net Loss for the fourth quarter of 2018 stood at Rs 2,189 crores. The bank announced that the Net Profit for fiscal 2018 contracted by 93% and stood at Rs 276 crores. For fiscal 2018, it reported income from operations of Rs 56,747.40 crore as against Rs 56,233.47 crores for fiscal 2017.
