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https://www.moneycontrol.com/news/business/earnings/idbi-bank-posts-60-spike-in-q3-net-profit-on-better-asset-quality-lower-provisions-9918261.html
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IDBI Bank posts 60% spike in Q3 net profit on better asset quality, lower provisions - Moneycontrol
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1/23/23 at 8:45am
Organization
Moneycontrol
Author
Sunil Shankar Matkar
Details
53 words
Summarize
Banking
Business & Industrial
Credit & Lending
IDBI Bank
Asset quality improved for the quarter with the gross non-performing assets as a percentage of gross advances falling 269 bps sequentially to 13.82 percent and net NPA dropped 8 bps QoQ to 1.07 percent
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