IDBI Bank Q3 Profit jumps 31% YoY; net NPA drops

 On Monday, January 20, IDBI Bank announced a Rs.1,908.27 crore standalone net profit for the current fiscal year's December quarter (Q3FY25). Compared to a profit of Rs.1,458.18 crore made in the same quarter previous year, the profit number was almost 31%...

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Top 10 Mobile Banking Applications in India

Over the past few decades, technology has advanced significantly. From computers to laptops and iPads, software to applications, and mobile phones to Android devices, the digital age is pervasive. These days, many people use mobile banking apps. When conducting...

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IDBI Bank Q2 results: PAT up 39%

 IDBI Bank on Friday reported a 39 per cent surge in net profit at Rs 1,836 crore for the quarter ended September 30, 2024 on the back of improvement in interest income.The LIC-controlled bank had earned a net profit of Rs 1,323 crore in the year-ago period.Total...

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IDBI Bank's Q4 net profit surge 44%

IDBI Bank on Saturday posted a 44% increase in net profit at Rs 1,628 crore in Q4 of the financial year 2023-24 against Rs 1,133 crore in the same period a year ago.The private lender's total income increased to Rs 7,887 crore from from Rs 7,014 crore in this...

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IDBI Bank Q3 net profit jumps 57%

IDBI Bank on Saturday reported a 57 per cent growth in net profit to Rs 1,458 crore in the third quarter ended December 31, on lower provisioning and better interest income.The LIC-controlled bank had a net profit of Rs 927 crore in the October-December quarter...

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IDBI Bank Q1 Results: Net profit up 62%, asset quality improves

LIC-promoted IDBI Bank on Monday reported a 62 per cent rise in net profit to Rs 1,224 crore in the June quarter due to a decline in bad loans. The bank had posted a net profit of Rs 756 crore in the year-ago period. Total income in the first quarter of the current...

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IDBI Bank Q4 results: Net profit rises 64%

Private sector lender IDBI Bank’s net profit for the March 2023 quarter rose by 64 per cent year-on-year (Y-o-Y) to Rs 1,133 crore on the back of improved net interest margins. The lender recorded an all-time high of net profit of Rs 3,645 crore, which is 49 per...

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IDBI Bank Q1 Results: Profit rises 25%

 IDBI Bank on Thursday reported a 25 per cent jump in standalone net profit at Rs 756 crore in the June quarter, helped by a decline in bad loans. The LIC-controlled private sector bank had posted a net profit of Rs 603.30 crore in April-June 2021-22.However,...

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