- IDBI Bank share price rockets 19%. What’s triggering the massive surge?
IDBI Bank shares rose sharply on Wednesday, extending a four-session rally amid heavy trading volumes and ...More
IDBI Bank shares rose sharply on Wednesday, extending a four-session rally amid heavy trading volumes and renewed optimism around the lender’s long-delayed privatisation process. Reports that the government is exploring ways to revive stake-sale discussions, coupled with improving asset quality and strong net interest income growth, boosted investor sentiment. ...Less

- IDBI Bank Q4 Results: PAT soars 44% YoY to 1,628 crore; NII rises 12%
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

- Q4 results: IDBI Bank profit zooms 64% YoY, RBL Bank's 37%
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

- IDBI Bank Q3 results: PAT rises 1.4% YoY to Rs 1,935 crore, NII down 24%
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
