The company plans to launch its network in Singapore, Indonesia followed by India later this year.
The profit was slightly higher than the Rs 258 crore projected by a Bloomberg poll.
These are first such approvals since the RBI put the bonds under the approval route in June.
Managing director Romesh Sobti said the bank is seeing signs of a solid industrial recovery.
PPB's most recent tie-up announced over the weekend allows deposits of more than Rs 1 lakh to automatically convert into fixed deposits with IndusInd Bank.
The bank recorded a net profit of Rs 111.38 crore in the Oct-Dec quarter of last fiscal.
A unified regulator will make it easier for financial services firms to do business and will be on par with the precedence in other financial centres making it easier for firms to set up shop.
Lenders will also be more cautious about new ABS backed by loans against property to SMEs. Due to the rising delinquencies and subdued operating environment for SMEs.
Public sector banks are likely to release their earnings toward end-January or early February.
96 cases filed by banks and admitted under the IBC, 24 have been driven by SBI.
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