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The Times of India
The Times of India
Business
PTI

IDBI Bank logs best-ever quarterly net income at Rs 828 crore

MUMBAI: IDBI Bank has come out with best-ever quarterly numbers on Friday, logging in a 46 percent growth in net income at Rs 828 crore for the September quarter.

The management of the bank, which is on the block for full privatisation, on Friday said the performance, has been driven by all-round good show such as massive spike in the margins and steep fall in cost of funds, improvement in asset quality and loan sales.

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