IDBI Bank back in black in Q2 with net profit of ₹324 cr
Net interest income in the quarter rose 4% to ₹1,695 crore as compared to ₹1,631.5 crore a year ago
The bank's asset quality improved during the quater but remained elevated
New Delhi: IDBI Bank on Friday reported net profit of ₹324 crore in the September quarter as against net loss of ₹3,459 crore a year ago. The lender reported 125% sequential jump in net profit when compared to ₹144 crore reported in the June quarter.