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)
OTHER BLOGS LINK
YOU ARE VISITOR
Blog Archive
LIVE
BREAKING NEWS "
Subscribe to:
Post Comments (Atom)
Bank of Baroda Officers Union announces All India strike against New Transfer Policy
The All India Bank of Baroda Officers’ Association has declared a strike in protest against the bank management’s new anti-officer transfer ...
-
The 12 th Bipartite wage settlement is due on 01.11.2022. The salary and other wage components of public sector banks and some private se...
-
12th BPS Expected Salary Calculator For Bank Employees – The 12thBipartite Wage Settlement is due on 1st Nov 2022 for all the employees of ...
-
Fixed personal pay is computerisation allowance. It was compensation given to the employees at that time. Not applicable for those who are j...
script async src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js">
1 comment:
Thank you for sharing such great information. It was very informative and has help me in finding out more detail about IDBI News!
Post a Comment