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Indian Bank Worth Adding to Portfolio which will Double Soon

Posted By On 10:44 PM Under
IDBI bank is a bank worth accumulating as this is a bank with a difference and high ethice giving importance to humane relationship.

That is the reason people are shifting to IDBI bank and the results speaks for itself. IDBI Bank has come out with its Q4 results with net profit at Rs 516 crores versus Rs 318 crores (YoY), NII at Rs 1109 crores versus Rs 760 crores (YoY) and other income at Rs 676 crores versus Rs 545 crores (YoY), reports CNBC TV18. The stock is currently trading at Rs 146.80, up 1% on the BSE.

All those with a time horizon of 2-3 years can hold the stock as stock will provide more than 100% returns in the said stock and it is one of the best bets in banking sector. We definitely find that their service towards the clients is of a very high order when compared with other public or private sector banks. Moreover their advts are also imaginative which touches the humane face of life else all these private sector banks are charging so high for poor services. See the state of ICICI bank which has become a Junta bank as rush in the banks is just too high and they are woking from such narrow spaces.

Their concept of advertisement is also marvellous and boy and elephant ad concept is as given below:
IDBI bank
We see two boys getting ready to play football after school.They start playing and one of them hits the ball towards the bushes.He goes to look for the ball and finds an elephant standing in front of him. The elephant kicks the ball towards him and he rushes back with the ball.Next day the boys get ready to play football and see two elephants waiting for them.The younger elephant comes towards the boy and takes the ball from him.The elephant and the boys start playing together.A message appears on the screen: Chhote.Bade.Sabke Liye. The ad ends with the Logo: IDBI Bank.Banking for all.
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