IDBI Bank posts 60% spike in Q3 net profit on better asset quality, lower provisions

Asset quality improved for the quarter with the gross non-performing assets as a percentage of gross advances falling 269 bps sequentially to 13.82 percent and net NPA dropped 8 bps QoQ to 1.07 percent

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​ Asset quality improved for the quarter with the gross non-performing assets as a percentage of gross advances falling 269 bps sequentially to 13.82 percent and net NPA dropped 8 bps QoQ to 1.07 percent Asset quality improved for the quarter with the gross non-performing assets as a percentage of gross advances falling 269 bps sequentially to 13.82 percent and net NPA dropped 8 bps QoQ to 1.07 percent  Moneycontrol Latest News Read More