Saturday, August 4, 2012

IDBI Q1 net jumps 28% to Rs 427.3 cr


IDBI Bank  's net profit jumped by 27.55% year-on-year to Rs 427.3 crore in the first quarter of financial year 2012-13.

Net interest income rose by 4.92% to Rs 1,270.6 crore from Rs 1,211 crore during the same period.

Gross non-performing assets (NPAs) went up by 75 basis points quarter-on-quarter to 3.24% and net NPAs increased 46 basis points to 2.07% in the June quarter.


Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

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