“IDBI Bank’s Stunning Financial Turnaround: 57% Profit Surge, NPA Nosedive, and Capital Triumph Revealed!”

IDBI Bank has posted a robust financial performance in the third quarter ending December 31, with a noteworthy 57% surge in net profit to Rs 1,458 crore. This substantial growth can be attributed to reduced provisioning and enhanced interest income. In comparison, the bank had recorded a net profit of Rs 927 crore during the … Read more