IDBI Bank has reported results for third quarter ended December 31, 2019.
The bank has reported a net loss of Rs 5,763.04 crore for the quarter under review against net loss of Rs 4,185.48 crore for the same quarter in the previous year. However, total income of the bank marginally increased by 0.40% at Rs 6,215.60 crore for Q3FY20 as compared Rs 6,190.94 crore for the corresponding quarter previous year.
On the consolidated basis, the bank has reported a net loss after minority interest and share of loss in associate of Rs 5,728.70 crore for the quarter under review against net loss of Rs 4,165.21 crore for the same quarter in the previous year. However, total income of the bank marginally increased by 0.37% at Rs 6,267.23 crore for Q3FY20 as compared Rs 6,243.93 crore for the corresponding quarter previous year.
