Showing posts with label IDBI Bank. Show all posts
Showing posts with label IDBI Bank. Show all posts

Wednesday, February 3, 2010

Federal Bank BSE NOTICES

With reference to the news item appearing in a leading financial daily titled "IDBI Bank zeroes in on Federal Bank for buy", Federal Bank Ltd has clarified to BSE that the report is factually incorrect. Federal Bank has not been approached in this regard by IDBI Bank nor has any due diligence been carried out by IDBI Bank.
Source: BSE
Courtesy moneycontrol.com








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Federal Bank NSE NOTICES

News Verification : The media had reports that IDBI Bank Limited may acquire the bank. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. The Federal Bank Ltd has vide its letter inter-alia stated," We would like to clarify that the report is factually incorrect. Federal Bank has not been approached in this regard by IDBI Bank nor has any due diligence been carried out by IDBI Bank."
Source: NSE
Courtesy moneycontrol.com








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Friday, January 15, 2010

IDBI Bank Q3 net profit up at Rs 287.1 cr

IDBI Bank has announced its third quarter results of FY10. Its net profit went up to Rs 287.1 crore versus Rs 222.6 crore.

The net interest income (NII) increased to Rs 718.7 crore versus Rs 516.3 crore.

These numbers were better-than-expected; CNBC-TV18 was expecting the NII at Rs 625.45 crore and net profit at Rs 254.17 crore.
Other income was down to Rs 425 crore from Rs 480 crore.
Source: CNBC-TV18
Courtesy moneycontrol.com








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