IDBI Bank reported a 31% rise in net profit to Rs 1,908 crore for Q3 FY25, aided by improved net interest income and lower provisions. Net interest income grew 23% to Rs 4,228 crore, while gross non-performing assets reduced to 3.57% from 4.69%. With a strong capital adequacy ratio of 21.98%, the bank’s improving asset quality and profitability signal growth potential, aligning with the government’s divestment plans.
IDBI Bank: Net Profit Jumps 31% to Rs 1,908 Crore
