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 |
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