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government stake News

IDBI Bank's Q3 Profits Skyrocket by 31% to Rs 1,908 Crore: A Deep Dive into the Financial Surge

Michael Lee 20 Jan, 2025

IDBI Bank's Q3 profits soar by 31% to Rs 1,908 crore, driven by reduced provisioning and higher interest income. Improved asset quality and income highlight the bank's financial tu...

Business

Punjab & Sind Bank Aims to Boost Capital with Rs 2,000 Crore QIP This Quarter

Emily Rodriguez 19 Jan, 2025

Punjab & Sind Bank plans to raise Rs 2,000 crore through QIP, aiming to reduce government stake and improve capital adequacy. With a significant profit jump and reduced bad loans, ...