Mumbai: IDBI Bank a net. have reported Benefit 691 crore for the quarter ended March 2022, an increase of 35% from Rs 512 crore in the corresponding quarter of the previous year.
Bank gross advance 1,78,207 crore as on March 31, 2022, an increase of 10.07%, while net advances grew by 14% to Rs 145772 crore.
The net NPA ratio of the bank increased to 1.27% as on March 31, 2022, as against 1.97 per cent as on March 31, 2021.
During FY 2012, the bank’s recovery from written off accounts increased to Rs 846 crore during FY 2012 as compared to Rs 547 crore for FY 2011.
Because of focus on low cost FundThe bank’s deposit base grew only marginally to Rs 2.33 lakh crore in FY12 from Rs 2.31 lakh crore in FY11.
Low cost current and savings account Deposit It grew by 14% to Rs 1,32,359 crore as on March 31, 2022 as against Rs 1,16,446 in March 2021.
Bank gross advance 1,78,207 crore as on March 31, 2022, an increase of 10.07%, while net advances grew by 14% to Rs 145772 crore.
The net NPA ratio of the bank increased to 1.27% as on March 31, 2022, as against 1.97 per cent as on March 31, 2021.
During FY 2012, the bank’s recovery from written off accounts increased to Rs 846 crore during FY 2012 as compared to Rs 547 crore for FY 2011.
Because of focus on low cost FundThe bank’s deposit base grew only marginally to Rs 2.33 lakh crore in FY12 from Rs 2.31 lakh crore in FY11.
Low cost current and savings account Deposit It grew by 14% to Rs 1,32,359 crore as on March 31, 2022 as against Rs 1,16,446 in March 2021.