IDBI Bank back in black after 13 quarters, reports Rs 135 crore profit in Q4

Breaking a chain of 13 consecutive loss-making quarters, Life Insurance Corporation (LIC)-owned IDBI Bank on Saturday reported a net profit of Rs 135 crore in the March quarter, despite providing Rs 247 crore on account of Covid-19.

from Banking & Finance – The Financial Express https://ift.tt/36LoftL