IDBI Bank to seek exemption from RoA criterion to exit RBI’s prompt corrective action

At the end of June, IDBI Bank had a CRAR of 8.14% and a net NPA ratio of 8.02%. Its RoA stood at (-)4.96% and it posted a net loss of Rs 3,800 crore for the quarter ended June.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/30b2FOl