IDBI Bank has reported 15% rise in total business to Rs 4,71,563 crore (Provisional) as of June 30, 2024 (Q1FY25) as compared to Rs 4,10,339 crore as of June 30, 2023. Total deposits grew 13% to Rs 2,77,549 crore (provisional) as of June 30, 2024, as compared to Rs 2,44,936 crore as of June 30, 2023.
Its CASA deposits stood at Rs 1,34,812 crore (provisional) as of June 30, 2024, posting a 5% rise in year-on-year terms against Rs 1,28,870 crore as of June 30, 2023. The bank’s net advances stood at Rs 1,94,014 crore (Provisional) in Q1FY25.
IDBI Bank is the youngest, new generation public sector universal bank that rides on a cutting edge Core Banking platform with strong service orientation.
