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Total income increased to Rs 13,551 crore in the quarter from Rs 11,482 crore in the year-ago period, the bank said in a regulatory filing
IDBI Bank, for which the government and the LIC have invited bids to sell a majority stake, had a net profit of Rs 578 crore in the October-December quarter of 2021
Net interest income or NII is the main revenue head for banks and is the difference between interest earned on advances and the interest paid to depositors/funds raised from markets
The bank was well on its trajectory to meet annual profitability targets, the spokesperson added
It witnessed a similar movement on the NSE, where it gained 1.07 per cent to Rs 879.65
The state-owned bank's total recovery and upgradation stood at Rs 1,178 crore in the three quarters of the current financial year
The private sector bank had reported a profit of Rs 281 crore for the October-December period of 2021-22
The bank had posted a net profit of Rs 301 crore in the same quarter a year ago
The Kolkata-based new generation bank had posted a net profit of Rs 858.97 crore in the year-ago period
The Mumbai-based bank had posted a net profit of Rs 279 crore in the year-ago period
Total income increased to Rs 14,159.60 crore in the latest December quarter from Rs 11,211.14 crore in the year-ago period, BoI said in a regulatory filing
The bank has initiated the process to meet the norms of Securities and Exchange Board of India (SEBI), BoM managing director A S Rajeev said while announcing...
The bank had posted a net profit of Rs 522 crore in the same quarter a year ago
Jefferies expects the company’s loan book to grow at compounded annual growth rate of 30% over FY22-25
Its total income on a consolidated basis rose to Rs 43,927 crore in the said quarter from Rs 38,603 crore a year ago