IDBI Bank Ltd business reached ₹5,46,643 crore

$IDBI business reached ₹5,46,643 crore, marking a year-on-year growth of 12%, with deposits rising 9% to ₹3.07 lakh crore and net advances increasing 15% to ₹2.38 lakh crore, demonstrating robust business expansion. The tax expenses dropped by 28% to ₹523 crore compared to ₹728 crore in the previous year, contributing to the marginal profit improvement. The bank's interest earned stood at ₹7,080.24 crore for the quarter, with interest expended at ₹3,862.49 crore, reflecting operational efficiency.