IDBI Bank back in black in Q3FY21, posts net profit of ₹378 cr
Net interest income for Q3FY21 improved by 18% to ₹1,810 crore
The bank's asset quality improved as gross NPAs reduced to 23.525 of the gross advances as of 31 Dec, 2020
IDBI Bank on Thursday reported net profit of ₹378 crore for the quarter ending 31 December, 2020. The lender posted net loss of ₹5,763 crore in the year-ago period.