Search Results
https://www.idbibank.in/
4 posts
The net profit of IDBI Bank has risen by 22% to Rs 1,113 crore in Q4.
IDBI Bank, the Mumbai-based Indian government-owned financial services company, has reported a 22% rise in net profit for the fourth quarter ended March 31, 2022.
IDBI Bank, PNB Housing, and Sicom are making efforts to dispose of non-performing assets.
PNB Housing, IDBI Bank, and Sicom Take Steps to Reduce NPAs. Indian banks and other financial institutions are taking steps to address the mounting Non-Performing Assets (NPAs) in the country.
Reserve Bank of India has started the bid evaluation process, and IDBI Bank has gained 10% in response.
IDBI Bank has been struggling with high levels of bad loans, affecting its profitability and growth prospects.
Five potential bidders for IDBI Bank are being evaluated by the Reserve Bank.
The privatization of IDBI Bank is seen as a key test of the government's reform agenda for the banking sector, and its ability to attract private investment into state-owned banks.
