IDBI Bank reports standalone net loss of Rs 3199.76 crore in the March 2017 quarter

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Total Operating Income rise 0.85% to Rs 6986.60 crore
Net Loss of IDBI Bank reported to Rs 3199.76 crore in the quarter ended March 2017 as against net loss of Rs 1735.81 crore during the previous quarter ended March 2016. Total Operating Income rose 0.85% to Rs 6986.60 crore in the quarter ended March 2017 as against Rs 6928.05 crore during the previous quarter ended March 2016.For the full year,net loss reported to Rs 5158.14 crore in the year ended March 2017 as against net loss of Rs 3664.80 crore during the previous year ended March 2016. Total Operating Income declined 0.90% to Rs 27791.37 crore in the year ended March 2017 as against Rs 28042.76 crore during the previous year ended March 2016.
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First Published: May 18 2017 | 5:25 PM IST