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IDBI Bank turns profitable after 13 straight quarters of loss; stock up 20%
The asset quality of bank, which is under Prompt Corrective Action (PCA), showed an improvement in slippage during the fourth quarter.
IDBI Bank posts Rs 135 cr profit in Q4 on account of bad loan recoveries
The bank, majority owned by Life Insurance Corporation of India (LIC), had posted a net loss of Rs 4,918 crore in the corresponding period of last year
IDBI Bank Q4 net loss widens in March quarter as bad loans surge
NPA provisions balloon to Rs 5,333 cr in Q4