IDBI Q1 net profit up 7.56 pc to Rs 172 cr


The bank’s total income during the quarter under review stood at Rs 4,218.91 crore as against Rs 2,756.15 crore for the quarter ended June 30, 2008. Net Interest Income (NII) for the quarter ended June 30,2009 stood at Rs 316 crore as against Rs 91 crore in the corresponding quarter of the previous year, showing a growth of 249 per cent.

Fee based income during the quarter rose to Rs 252 crore as against Rs 152 crore in the previous quarter, a growth of 65 per cent. The Bank’s Capital Adequacy Ratio stood at 12.30 per cent.

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