IDBI Bank Ltd.

NSE: IDBI | BSE: 500116 | ISIN: INE008A01015 | Industry: Banks
| Strong Performer

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IDBI Bank Ltd.
05 May 2011
102.99
1.65%
Chola Wealth Direct
For the fourth quarter in a row IDBI Bank reported an earnings growth in excess of 40%; PAT registered a 62% rise. Net interest income contributed to bulk of the growth. Lower cost -income ratios and lower charges on assets also chipped in. Higher tax rates, however, clipped earnings growth. Topline registered a 36% growth...
IDBI Bank Ltd. is trading above all available SMAs
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