IDBI Bank Q3 Results: Net interest income, the difference between interest earned and interest expended, rose 17.4% YoY in the quarter to Rs 3,434.60 crore.
IDBI Bank s provisions and contingencies for the quarter were at Rs 320 crore, compared to Rs 784.3 crore a year ago. The bank had a reversal of provision towards non-performing assets to the tune of Rs 446 crore during the quarter. The pre-provision operating profit increased by over 13% YoY to Rs 2,326.50 crore.