Q4 results today: DMart, Jammu & Kashmir Bank Ltd, Zen Technologies, Central Depository Services (India) Ltd (CDSL), Kotak Mahindra Bank, and IDBI Bank are set to announce their quarterly earnings for Q4FY24 on May 4
IDBI Bank s gross NPA ratio improved to 4.53% as against 6.38% YoY while net NPA ratio also improved to 0.34% vs 0.92% YoY..The lender has announced a dividend of Rs 1.50 per share which will be will be paid on approval by shareholders at the ensuing Annual General Meeting (AGM) of the bank.
IDBI Bank's Net interest income (NII) increased by 35 per cent to Rs 3,280 crore in Q4FY23, as against Rs 2,420 crore in the same quarter last year. Sequentially, NII is up by 12 per cent from Rs 2,925 crore registered in December quarter of FY23.
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