HIGHEST DIVIDEND IN A DECADE! BANK STOCK UNDER RS 100 - DETAILS

IDBI Bank Q4 2024 Results, Dividend news: IDBI Bank has announced both the dividend and financial results for the fiscal year 2024.

"...Further, we would like to inform that the Board of Directors have recommended a Dividend of Rs. 1.50 per Equity Share of face value of Rs. 10/- each of the Bank for the financial year ended March 31, 2024. The dividend on equity shares, will be paid/despatched on or after the same is approved by the shareholders at the ensuing Annual General Meeting (AGM) of the Bank," the bank said in the BSE exchange filing.

IDBI Bank's net profit surged all time high at Rs 5,634 crore for the FY24 with YoY jump of 55%. The bank's NIM stood at 4.93% with 41 bps YoY growth.

This is a developing story.

2024-05-04T09:33:10Z dg43tfdfdgfd