Net profit of IDBI Bank rose 29.14% to Rs 1948.07 crore in the quarter ended December 2024 as against Rs 1508.53 crore during the previous quarter ended December 2023. Total Operating Income rose 19.40% to Rs 7819.25 crore in the quarter ended December 2024 as against Rs 6548.98 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Total Operating Income7819.256548.98 19 OPM %69.5362.68 - PBDT2663.532034.16 31 PBT2663.532034.16 31 NP1948.071508.53 29 Powered by Capital Market - Live News

IDBI Bank has received credit rating (assigned/ reaffirmed) of ICRA AA; Stable / ICRA A1+ to its infrastructure bonds and other debt facilities aggregating Rs 70,319.63 crore. Powered by Capital Market - Live News

IDBI Bank will hold a meeting of the Board of Directors of the Company on 20 January 2025.Powered by Capital Market - Live News

The Board of IDBI Bank at its meeting held on 31 December 2024 has approved issuance of Long Term Bonds for financing of Infrastructure and Affordable Housing from domestic market of Rs 10,000 crore in tranche/s with up to Rs 5,000 crore by 31 March 2025 and balance during FY 2025-26. Powered by Capital Market - Live News

The Board of IDBI Bank will meet on 31 December 2024 to consider the proposal for approval of Long Term Rupee Bond Borrowings for Debt Capital, Senior/Infrastructure Bonds of limit up to Rs. 10,000 crore from domestic market for FY 2024-25 and FY 2025-26. Powered by Capital Market - Live News