On Monday, IDBI Bank announced a 40% year-on-year (YoY) increase in its standalone net profit to Rs 1,719 ...More

On Monday, IDBI Bank announced a 40% year-on-year (YoY) increase in its standalone net profit to Rs 1,719 crore for the first quarter ending June 2024. In the corresponding quarter of the previous year, the net profit was Rs 1,224 crore. ...Less

IDBI Bank announced a 17% year-on-year increase in its standalone net profit for Q1FY26, reaching Rs 2,00 ...More

IDBI Bank announced a 17% year-on-year increase in its standalone net profit for Q1FY26, reaching Rs 2,007 crore compared to Rs 1,719 crore in the same period last year. The private lender's Net Interest Income (NII) for Q1FY26 stood at Rs 3,166 crore, slightly lower than the Rs 3,233 crore reported in Q1FY25, marking a 2% decrease. ...Less

The bank provisions for the June quarter stood at Rs 5,236.07 crore. ...More

The bank provisions for the June quarter stood at Rs 5,236.07 crore. ...Less

Interest earned for the quarter fell to Rs 6010.88 crore, compared with Rs 7303.21 crore in the year-ago ...More

Interest earned for the quarter fell to Rs 6010.88 crore, compared with Rs 7303.21 crore in the year-ago quarter. ...Less

The lender's net interest income too jumped 61% to Rs 3,998 crore for the quarter under review. It was Rs ...More

The lender's net interest income too jumped 61% to Rs 3,998 crore for the quarter under review. It was Rs 2,488 crore in the corresponding period of last year. ...Less

IDBI Banks’ gross NPA ratio improved to 29.12 per cent against 30.78 per cent a year ago. ...More

IDBI Banks’ gross NPA ratio improved to 29.12 per cent against 30.78 per cent a year ago. ...Less

Other income rose 63 per cent year on year to Rs 1639 crore led by a 41 per cent rise in trading income t ...More

Other income rose 63 per cent year on year to Rs 1639 crore led by a 41 per cent rise in trading income to Rs 690 crore from Rs 490 crore a year earlier. Forex income also doubled to Rs 164 crore from Rs 87 crore a year earlier. ...Less

The bank's asset quality improved with gross Non-Performing Assets (NPAs) falling to 19.90 per cent of th ...More

The bank's asset quality improved with gross Non-Performing Assets (NPAs) falling to 19.90 per cent of the gross advances as of June 2022 from 22.71 per cent as of June 2021, according to a regulatory filing. ...Less

The bank's asset quality improved marginally during the period while the lender is facing the likelihood ...More

The bank's asset quality improved marginally during the period while the lender is facing the likelihood of rise in defaults amid the coronavirus outbreak. ...Less

On Saturday, 40 companies announced their quarterly earnings including ICICI Bank, Kotak Mahindra Bank an ...More

On Saturday, 40 companies announced their quarterly earnings including ICICI Bank, Kotak Mahindra Bank and IDBI Bank. Here are highlights of these results: ...Less

IDBI Bank and Suzlon Energy are among 44 companies announcing first quarter results. IDBI Bank shows grow ...More

IDBI Bank and Suzlon Energy are among 44 companies announcing first quarter results. IDBI Bank shows growth in deposits and advances, while Suzlon Energy reports a decline in profit. Stay informed about these companies' financial performance. ...Less

IDBI Bank reported a 39% jump in net profit for the second quarter of the fiscal at Rs 1836.5 crore again ...More

IDBI Bank reported a 39% jump in net profit for the second quarter of the fiscal at Rs 1836.5 crore against Rs 1323.3 crore in the year ago period, riding on steady business expansion and improvement in asset quality. Its net interest margin for the quarter improved by 54 basis points to 4.87% as compared with 4.33% in the corresponding period last year ...Less

IDBI Bank reported a marginal 1.4% rise in Q3 net profit to Rs 1,935 crore year-on-year, but profit fell ...More

IDBI Bank reported a marginal 1.4% rise in Q3 net profit to Rs 1,935 crore year-on-year, but profit fell sharply quarter-on-quarter. Interest income and NII declined, while deposits, advances and total business recorded steady annual growth during the December quarter. ...Less

IDBI Bank's gross NPA ratio improved to 4.53% as against 6.38% YoY while net NPA ratio also improved to 0 ...More

IDBI Bank's gross NPA ratio improved to 4.53% as against 6.38% YoY while net NPA ratio also improved to 0.34% vs 0.92% YoY..The lender has announced a dividend of Rs 1.50 per share which will be will be paid on approval by shareholders at the ensuing Annual General Meeting (AGM) of the bank. ...Less

IDBI Bank Q3 Results: Net interest income, the difference between interest earned and interest expended, ...More

IDBI Bank Q3 Results: Net interest income, the difference between interest earned and interest expended, rose 17.4% YoY in the quarter to Rs 3,434.60 crore. ...Less

The state-owned lender had a provision write-back of Rs 227.5 crore in the quarter. In the same period la ...More

The state-owned lender had a provision write-back of Rs 227.5 crore in the quarter. In the same period last year its provisions was Rs 771 crore. ...Less

IDBI Bank Q2 Results: IDBI Bank on Friday reported a 39% jump in its September quarter net profit at Rs 1 ...More

IDBI Bank Q2 Results: IDBI Bank on Friday reported a 39% jump in its September quarter net profit at Rs 1,836 crore versus Rs 1,323 crore posted by the company in the year ago period. The net interest income (NII) in the reported quarter stood at Rs 3,875 crore, recording a 26% growth over corresponding quarter of the previous financial year. ...Less

IDBI Bank Q3 Results: The net interest income (NII) surges 23% year-on-year to Rs 4,229 crore. Operating ...More

IDBI Bank Q3 Results: The net interest income (NII) surges 23% year-on-year to Rs 4,229 crore. Operating profit for the third quarter grew 20% to Rs 2,802 crore, up from Rs 2,327 crore in Q3FY24. Net interest margin (NIM) increased by 45 basis points to 5.17% during the same period. ...Less

IDBI Bank's net interest income (NII) increased 35% YoY to Rs 3,279 crore and profit rose 64% YoY to Rs 1 ...More

IDBI Bank's net interest income (NII) increased 35% YoY to Rs 3,279 crore and profit rose 64% YoY to Rs 1,133 crore during the March quarter. Meanwhile, RBL Bank recorded an increase in net profit of 37% YoY to Rs 271 crore and a 7% YoY growth in net interest income to Rs 1,211 crore in the same period. Additionally, the net NPA ratio declined to 1.10% for RBL bank while IDBI bank's percentage of net NPA to net advances accelerated to 6.38% from 13.82% in Q3 and 20.16% in Q4. ...Less