IDBI Bank Shares Dip 6% Despite Profit Surge as Core Income Plummets 24% – The Times of
Financial Performance Overview IDBI Bank’s shares fell about 6% despite a 56.2% rise in net profit for FY24, attributed to improved cost management and growth in deposits and advances. However, the 24% drop in net interest income (NII) raised concerns about ongoing pressure on core revenue streams, influencing market sentiment. Asset Quality Insights Asset quality […]
