Citibank India, on Tuesday, reported a 35 per cent jump in its profit after tax at Rs. 1,922 crore in 2011-2012.
The jump in profit came on the back of improvement in all key ratios, including net non-performing loans which narrowed to 0.9 per cent from 1.2 per cent in the previous year, Citi India said in a release.
Its total assets grew 15 per cent to Rs. 1, 28, 428 crore during the fiscal year, driven by growth in the commercial banking segment, mortgage business and higher trade assets for global banking customers.
The bank’s deposits grew 14 per cent, while the CASA (current account and savings account) ratio stood at 55 per cent.