BREAKING NEWS

BREAKING NEWS ""**Expected DA for Bank Employees from Aug 2024 MINIMUM 7 SLAB AND MAXIMUM 24 SLAB*****I *****

VISITOR FROM WORLD

Free counters!

YOU ARE VISITOR

Blog Archive

LIVE

BREAKING NEWS ""**If we want PSU bank to compete with Pvt bank ---Give them a break Saturday first****Outcome of Today’s meeting with IBA - 31.01.2023*********

Saturday, May 21, 2016

IDBI Bank reported Rs.1,736 crore loss for the quarter ended March 31


Public sector lender IDBI Bank reported Rs.1,736 crore loss for the quarter ended March 31 as gross non-performing assets doubled to Rs.24,875 crore or 10.98 per cent of its gross advances. The bank reported a profit of Rs.546 crore in the year-earlier period. This is the second consecutive quarter it posted a loss resulting in the bank reporting a loss of Rs.3,665 crore for FY 2015-16 compared to a profit of Rs.873 crore in the year earlier. The net NPA of the bank jumped to 6.78 per cent (Rs.14,643 crore) as on 31 March from 2.88 per cent (Rs. 5,993 crore)

1 comment:

Anonymous said...

Thank you for sharing such great information. It was very informative and has help me in finding out more detail about IDBI News!

Bank Unions Oppose PLI Scheme for Senior Bank Executives

AIBOC and AIBEA have written a letter to the DFS Secretary requesting him to review the recently introduced PLI Scheme for Senior Bank Execu...

script async src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js">