The Narendra Modi government at the Centre has invited bids to engage an asset valuer for IDBI Bank in an attempt to speed up its effort to divest stake in 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.
IDBI Bank Share Price Today: IDBI Bank shares zoomed more than 10 per cent after reports emerged that the RBI is evaluating and conducting financial checks on potential bidders., Markets News, Times Now