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 bank's net interest income rose by 31 per cent to Rs 2,383 crore during the reported quarter as again ...More

The bank's net interest income rose by 31 per cent to Rs 2,383 crore during the reported quarter as against Rs 1,817 crore in the year-ago period. ...Less

The LIC-owned lender made Rs 6,523 35 crore as provisions for taxes during the quarter. ...More

The LIC-owned lender made Rs 6,523 35 crore as provisions for taxes during the quarter. ...Less

The bank’s net interest income (NII) for the quarter under review grew 22.8% to Rs 2,925 crore from Rs 2, ...More

The bank’s net interest income (NII) for the quarter under review grew 22.8% to Rs 2,925 crore from Rs 2,382 crore in the same quarter of previous year. The net NPAs as on December 31, 2022, reduced to 1.07% against 1.15% as on September 30, 2022. Meanwhile, gross NPA stood at 13.82% in Q3FY23, against 16.51% in Q2FY23. ...Less

IDBI Bank's provisions and contingencies for the quarter were at Rs 320 crore, compared to Rs 784.3 crore ...More

IDBI Bank's provisions and contingencies for the quarter were at Rs 320 crore, compared to Rs 784.3 crore a year ago. The bank had a reversal of provision towards non-performing assets to the tune of Rs 446 crore during the quarter. The pre-provision operating profit increased by over 13% YoY to Rs 2,326.50 crore. ...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

Total income, however, fell during the quarter under review at Rs 5,932.25 crore as against Rs 6,215.60 c ...More

Total income, however, fell during the quarter under review at Rs 5,932.25 crore as against Rs 6,215.60 crore in the same period of 2019-20 as interest income came down. ...Less

“Next year, we expect around 10% growth both in retail and mid and large corporates.” ...More

“Next year, we expect around 10% growth both in retail and mid and large corporates.” ...Less

CEO Rakesh Sharma acknowledged that the bank's loan growth has been slow but said he is confident of grow ...More

CEO Rakesh Sharma acknowledged that the bank's loan growth has been slow but said he is confident of growing above 10% led by retail and mid corporate loans in the next fiscal. ...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 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

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'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 shares slipped despite a strong December-quarter update. The bank reported a 12% year-on-year r ...More

IDBI Bank shares slipped despite a strong December-quarter update. The bank reported a 12% year-on-year rise in total business to Rs 5.46 lakh crore, supported by healthy growth in deposits and credit. ...Less