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IDBI Bank Q4 Results: Net profit rises 43% to ₹1,628 crore, NII up 12%; dividend declared
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IDBI Bank Q4 Results: IDBI Bank announced its January-March quarter results for fiscal 2023-24 (Q4FY24) on Saturday, May 4, reporting a rise of 43.7 per cent in net profit at ₹1,628.5 crore, compared to ₹1,133.4 crore in the corresponding period last year. The private sector lender's net interest income (NII)--the difference between interest earned nd interet paid-- in the March quarter rose 12.4 per cent to ₹3,687.9 crore, compared to ₹3,279.6 crore in the year-ago period.
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