IDBI Bank had posted a 31% year-on-year growth in consolidated net profit to ₹1,908 crore for Q3 FY25, as against ₹1,458 crore in the same quarter last year.
Loan growth for the year was reported at 13.6%, missing the bank’s target of 14–15%.
Total global advances also grew 12.88% YoY to ₹12.3 lakh crore vs ₹10.9 lakh crore last year.
Total deposits increased 11.8% YoY to ₹1.51 lakh crore, compared to 7.2% growth sequentially in the last quarter.
Overall loan growth was affected due to a 3.6% YoY decline in corporate and other wholesale loans.
At 8.15 AM IST, CSI 300 index was down by 228.84 points the Nikkei 225 was down by 1921.25 points and the Hang Seng index was down by 2159.86 points
The second half of March was a total contrast to the first half, as financials led the sharp rebound in FPI buying
The bonds have a 10-year tenure and will be redeemed at par upon maturity. Investors will receive annual interest payments during the bond’s lifespan.
The strategic investment is in line with ITC’s vision to be a long-term player in the fast-growing frozen, chilled and ready-to-cook foods segment in India.
Here are some of the stocks that may see significant price movement today.
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