IFIN

Sensex 74005.94 88.91 (0.12) 18-May-2024

Previous Day Close

73917.03

Today's High/Low

High Low

74162.76 73920.63

Hot Pursuit - Detailed News

Back

IDBI Bank Q4 PAT climbs 44% to Rs 1,628 cr

04-May-24 16:15 Hrs IST

Total income increased 12.45%YoY to Rs 7,886 crore in the quarter ended 31 March 2024.

Operating profit declined 10% to Rs 2,175 crore in Q4 FY24 as compared with Rs 2,425 crore in Q4 FY23.

Net interest income (NII) jumped 12% to Rs 3,688 crore in Q4 FY24 from Rs 3,280 crore in Q4 FY23.Net interest margin (NIM) reduced by 10 bps to 4.91% in Q4 FY24 as against 5.01% in Q4 FY23.

Total deposits increased to Rs 2,77,657 crore as on 31 March 2024 as compared with Rs 2,55,490 crore in 31 March 2023.

CASA rises to Rs 140,027 crore as on 31 March 2024 as compared with Rs 135,455 crore as on 31 March 2023 while casa ratio fell to 50.43% as on 31 March 2024 as against 53.02% as on 31 March 2023.

The composition of corporate versus retail in gross advances portfolio stood at 30:70 as on March 31, 2024.

Gross NPA stood at Rs 8,916 crore as on 31 March 2024 as compared with Rs 8,589.40 crore as on 31 December 2023 and Rs 10,969.29 crore as on 31 March 2023.

Gross NPA to gross advances ratio improved to 4.53% as on March 31, 2024 as against 6.38% as on March 31, 2023. Net NPA ratio to net advances improved to 0.34% as on March 31, 2024 as against 0.92% as on March 31, 2023.

Provision Coverage Ratio (including technical write-offs) improved to 99.09% as on 31 March 2024 from 97.94 % as on 31 March 2023.

Tier 1 Capital improved to 20.11% as on 31 March 2024 as against 18.08% as on 31 March 2023. Capital adequacy ratio (CRAR) improved to 22.26% as on 31 March 2024 as against 20.44% as on 31 March 2023.

Risk Weighted Assets (RWA) stood at Rs 1,76,531 crore as on 31 March 2024 as against Rs 1,63,719 crore as on 31 March 2023.

Meanwhile, the board has declared a dividend of Rs 1.50 per equity share for FY24. The dividend will be paid on or after the same is approved by the shareholders at the ensuing Annual General Meeting (AGM) of the Bank.

IDBI Bank is a banking company. Its segments include corporate / wholesale banking segment, which includes corporate relationship covering deposit and credit activities other than retail and also covers corporate advisory / syndication, project appraisal.

The scrip fell 1.91% to end at Rs 89.41 on Friday, 3 May 2024.

Notice of AGM

	ISFL - Notice Of AGM

	IFIN - Notice Of AGM

	ICOM - Notice Of AGM

	IFIN Credit- Notice Of AGM


Forms

	CDSL CHANGE OF SIGNATURE

	CDSL NOMINATION FORM

	NSDL CHANGE OF SIGNATURE

	IFIN -Change of Bank details

	IFIN- NEW KYC FORM

	IFIN -NSE F&O Activation form

	IFIN -Updation of Information Income

	IFIN-Annexure A -Nomination form

	IFIN-Annexure -B -Opting out of Nomination form

	IFIN-Annexure Q - Closure form Trading & DP

	IFIN-Brokerage Modification form

	IFIN-Change of Address

	IFIN-Change of Telephone -Mobile No , Email id

	IFIN-Consent for Receipt of ECN other Digital Decuments

	IFIN-Trading Re-activation form

	Instigo Account opening procedure- Flow chart

	Instigo DP account opening procedure

	KYC RDD Annexure

Sr No	Start Date	Department	Tender Details	Status
1	22-11-2023	Compliance	Procurement of AML/PML software Solution - VC Meeting Link for opening of Tender Box on 22/11/2023 at 4.30 pm	Active upto 22/11/2023 end of the day
2	16-10-2023	Compliance	RFP for Procurement of AML/PML software solution
	06-11-2023	Compliance	A. Addendum - Extension Period for procurement of AML/PML sofware solution
3	16-08-2023	IT	RFP for Procurement of Firewall
			A. General Information
			B. Technical Bid
			C. Financial Bid
			D. Extension of RFP
4	12-07-2023	ADMIN	RFP for Premises on Lease for Ahmedabad Branch
			A. Newspaper Aricle
			B. General Information
			C. Technical Bid
			D. Financial Bid
5	07-07-2023	CS	RFP for Secretarial Audit
6	26-06-2023	IT	RFP for AMC of Online UPS system installed at IFINs Branch office	Closed
			A. General Information
			B. Technical Bid
			C. Financial Bid
7	16-06-2023	IT	E-tender for engagement of annual system audit and cyber security audit agency	Closed
			A. General Information
			B. Technical Bid
			C. Financial Bid
8	15-06-2023	IT	RFP for AMC of 30KVA Online UPS system	Closed
			A. General Information
			B. Technical Bid
			C. Financial Bid
9	30-05-2023	ADMIN	RFP for Premises on Lease for Ahmedabad Branch	Cancelled
			A. Newspaper Aricle
			B. General Information
			C. Technical Bid
			D. Financial Bid
			E. Extension of RFP
			F. Closure of RFP
10	24-05-2023	ADMIN	RFP for Premises on Lease for Salem Branch	Closed
			A. Newspaper Aricle
			B. General Information
			C. Technical Bid
			D. Financial Bid
11	24-04-2023	IA	Extension Of RFP iCOM IA for FY 2023-2024	Closed
12	25-04-2023	CS	Extension Of RFP for Seeking Quotations for Secretarial Audit Of IFIN Group for FY 2022-2023	Cancelled
			A. Status_of_RFP_for_secretarila_audit
13	02-05-2023	IA	RFP For Appointment Of Internal Auditor for July 2023 - March 2024	Closed
14	02-05-2023	IA	RFP For Appointment Of Internal Auditor for July 2023 - March 2024 for operations, accounts and control related activities.	Closed
15	24-04-2023	CS	RFP PCS Empannelment for ROC filing 2022-23	Closed
16	24-04-2023	IA	RFP For Appointment Of Internal Auditor iCOM 23-24	Closed
17	14-03-2023	IA	RFP for appointment of internal auditor in the iCOM	Closed
18	25-04-2023	CS	RFP For Secretarial Audit 22-23	Closed