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IDBI Bank LimitedImportant, 04-01-2025: General Updates

04-01-2025 | 01:50 pm

Total business for IDBI Bank has shown a year-on-year growth of 13%, reaching ₹4,89,346 Cr as of December 31, 2024. Total deposits also increased by 9% year-on-year to ₹2,82,439 Cr, while CASA deposits slightly grew by 2% to ₹1,30,899 Cr. Notably, net advances surged by 18% compared to the previous year, totaling ₹2,06,907 Cr, indicating robust lending activity. These figures reflect a positive outlook for the bank's operational health and growth trajectory, suggesting opportunities for continued improvement in performance and investor confidence.

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