IDBI BANK LTD. - 500116 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
In continuation of Bank''s letter dated April 28, 2022, we advise that a conference call was held with Shareholders/Investors/Analysts for Financial Results for Q4 for FY 2021-22 at 5 p.m. on May 02, 2022. You are requested to kindly take the above intimation on record in terms of the aforesaid provisions of SEBI (LODR) Regulations, 2015. IDBI BANK LTD. - 500116 - Disclosure For Statement Of Deviation(S) Or Variation(S) Under Regulation 32 & 52 Of SEBI (LODR) Regulations, 2015
The Bank has not raised capital during the period January to March 2022 and there has been no deviation in utilisation of funds raised earlier by the Bank and the earlier funds have been fully utilised by the Bank. Hence, nil form is being submitted as per the prescribed format. We are unable to file under XBRL mode as the form does not allow NIL entry. Kindly acknowledge the receipt and take the above on record in terms of Regulation 32 & 52 of the SEBI (LODR) Regulations, 2015. Q4FY22 Quarterly Result Announced for IDBI Bank Ltd.
IDBI Bank declares Q4FY22 result: IDBI Bank reports Net Profit at Rs 2,439 crore, YoY growth of 79% CRAR stood at 19.06 %, YoY growth of 347 bps Highlights for FY 2022: Net profit of Rs 2,439 crore, YoY growth of 79%. Operating Profit of Rs 7,495 crore, YoY growth of 7%. NII of Rs 9,162 crore, YoY growth of 7%. NIM at 3.73%, YoY growth of 35 bps. Cost of Deposit stood at 3.56% for FY 2022 as against 4.29% for FY 2021 Cost of Funds stood at 3.84% for FY 2022 as against 4.56% for FY 2021 CRAR at 19.06 %, YoY growth of 347 bps. Return on Assets (ROA) at 0.84%, YoY growth by 38 bps. Return on Equity (ROE) at 13.60%, YoY growth by 354 bps. CASA ratio at 56.77%, YoY growth of 633 bps. Net NPA at 1.27% as against 1.97% as on March 31, 2021. PCR stood at 97.63 % as against 96.90 % as on March 31, 2021. Gross advances stood at Rs 1,78,207 crore, YoY growth of 10.07% Highlights for Q4-2022: Net Profit improved by 35% for Q4-2022 to Rs 691 crore as against net profit of Rs 512 crore for Q4-2021. Net Profit for Q3-2022 was Rs 578 crore. PBT improved by 100% for Q4-2022 to Rs 844 crore as against Rs 423 crore for Q4- 2021. PBT for Q3-2022 was Rs 966 crore. Operating profit stood at Rs 1,513 crore for Q4-2022 as against Rs 2,816 crore (Includes interest income of Rs 1,313 crore on Income Tax refund) for Q4-2021. Operating profit stood at Rs 1,768 crore for Q3-2022. Net Interest Income stood at Rs 2,420 crore for Q4-2022 as against Rs 3,240 crore for Q4-2021. Excluding interest income of Rs 1,313 crore on Income Tax refund for Q4- 2021 the NII for Q4-2022 increased by 26% over the Q4-2021. NII stood Rs 2,383 crore for Q3-2022. Net Interest Margin (NIM) stood at 3.97% for Q4-2022 as compared to 5.14% for Q4-2021. Excluding interest income of Rs 1,313 crore on Income Tax refund for Q4- 2021 the NIM for Q4-2022 increased by 92 bps over the Q4-2021. NIM stood 3.88% for Q3-2022. Cost of Deposit reduced by 48 bps to 3.43 % for Q4-2022 as compared to 3.91% for Q4-2021. Cost of deposit stood at 3.50% for Q3-2022. Cost of Funds reduced by 47 bps to 3.69% for Q4-2022 as compared to 4.16% for Q4-2021. Cost of funds stood at 3.79% for Q3-2022. Result PDF IDBI BANK LTD. - 500116 - Announcement under Regulation 30 (LODR)-Investor Presentation
In continuation of Bank''s letter dated April 28, 2022 advising the exchange about a conference call with Shareholders/ Investors/ Analysts for Financial Results for Q4 for FY 2021-22 proposed to be held at 5 p.m. on May 02, 2022, please find attached the copy of the presentation being provided to the Shareholders/ Investors/ Analysts. Kindly take the information on record in terms of SEBI (LODR) Regulations, 2015 IDBI BANK LTD. - 500116 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Further to Bank''s disclosure dated April 26, 2022 on the captioned subject, please find attached a copy of the Press Release proposed to be issued by the Bank on the subject. You are requested to kindly take the above intimation on record in terms of Regulation 30 of the SEBI (LODR) Regulations, 2015 IDBI BANK LTD. - 500116 - Audited Financial Results For The Quarter And Year Ended March 31, 2022
In terms of Regulations 33 and 52 of the SEBI (LODR) Regulations, 2015, we advise that the Board of Directors of IDBI Bank Ltd., at their meeting held on Monday, May 02, 2022, have taken on record the Audited Financial Results of the Bank for the quarter and year ended March 31, 2022. We enclose a statement of the results approved at the above meeting. The Board Meeting commenced at 11.00 a.m. and concluded at 1:00 p.m. Further, please find enclosed the Auditors'' Report on the Financial Statements of IDBI Bank Ltd. as on March 31, 2022 received from G. D. Apte & Co. and Varma & Varma, Statutory Auditors of IDBI Bank Ltd. The declaration of Statutory Auditors'' unmodified opinion on Consolidated Audited Financial Results and Standalone Audited Financial Results of IDBI Bank for the year ended March 31, 2022, duly signed by Managing Director & CEO is also submitted herewith. IDBI Bank privatisation efforts on, says DIPAM Secretary Pandey
Quantum of government stake sale to be decided post roadshows IDBI BANK LTD. - 500116 - Announcement under Regulation 30 (LODR)-Change in Directorate
In continuation of Bank''s disclosure dated April 12, 2022, this is to inform that the Board of Directors have approved the appointments of Shri Manoj Sahay, Joint Secretary & Financial Advisor, Government of India, Minsitry of Finance, Depai tment of Expenditure and Shri Sushil Kumar Singh, Director, Government of India, Ministry of Finance, Department of Financial Services on the Board of IDBI Bank Limited as Government Nominee Directors w.e.f. April 28, 2022 and until further orders in terms of Government of India''s letter dated April 11, 2022 and Section 161(3) of the Companies Act, 2013. Shri Manoj Sahay and Shri Sushil Kumar Singh are not related to any other Director or KMP on the Board of IDBI Bank. The Brief Profiles of Shri Manoj Sahay and Shri Sushil Kumar Singh are annexed herewith. You are requested to kindly take the above intimation on record in terms of Regulation 30 of the SEBI (LODR) Regulations, 2015. IDBI BANK LTD. - 500116 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
In compliance of Regulation 30 read with Para A of Schedule III and Regulation 46(2) of the SEBI (LODR) Regulations, 2015, we advise that a conference call with Analysts for Financial Results for Q4 for FY 2021-22 is proposed to be held on May 02, 2022 at 5:00 p.m. Invitation to the conference call is enclosed. You are requested to kindly take the above intimation on record in terms of the aforesaid provisions of SEBI (LODR) Regulations, 2015.