IDBI Bank Ltd News
IDBI Bank could increase rates on non-callable deposits post LCR norms
According to the proposed norms, stable retail deposits enabled with internet and mobile banking will have a 10 per cent run-off factor
IDBI Bank disinvestment progresses, due diligence begins, to end by H1FY26
The Union government and Life Insurance Corporation jointly hold a 95 per cent stake in IDBI Bank, of which they are selling 60.72 per cent
IDBI Bank Q3FY25 results: Net profit rises 31% to Rs 1,908 cr, NII up 23%
The net interest margin (NIM), a measure of banks' profitability, improved by 45 bps to 5.17 per cent during the quarter under review compared to 4.72 per cent in the same quarter last year
IDBI Bank Q3 FY25 results: Net profit jumps 31% to Rs 1,908 cr, NII up 23%
IDBI Bank Q3 FY25 results: Lender's Net Interest Income (NII) grew by 23.1% year-on-year to Rs 4,228.7 crore
Q3 results today: Zomato, Paytm, IDBI among 37 to post earnings on Jan 20
Q3 FY25 company results January 20: Zomato, Paytm, IDBI Bank, L&T Finance, Dr Reddy's, and YES Bank will be releasing their Oct-Dec quarter report today
IDBI Bank staff to protest before Parliament to stall disinvestment
"There is no reason why this profit-making entity should be sold to private entities, more so to entities of foreign origin." the forum said.
IDBI Bank Q2 FY25 results: Net profit rises 39% to Rs 1,836 crore
Net interest income expanded 26% Y-o-Y to Rs 3,875 crore in Q2FY25 compared to a year-ago period
IDBI Bank Q2 results: PAT up 39% at Rs 1,836 cr on improved interest income
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 income rose to Rs 8,754 crore in the quarter under review, from Rs 6,924 crore in the same period a year ago, IDBI Bank said in a regulatory filing. Net interest income of the bank improved to Rs 3,875 crore in the July-September quarter, from Rs 3,066 crore in the September quarter of 2023, registering a growth of 26 per cent. Net interest margin increased to 4.87 per cent, from 4.33 per cent at the end of September 2023. Asset quality of the bank witnessed an improvement with gross non-performing assets (NPAs) rising to 3.68 per cent of gross advances at the end of the September quarter of 2024, as against 4.90 per cent a year ago. Net NPAs or bad loans also declined to 0.20 per cent, as against 0.39 per cent in the .
IDBI Bank to offload MEP Infrastructure Developers' stressed loan exposure
Toll road operator is under insolvency resolution regime
