IDBI Bank ATM Withdrawal, Deposit, Cheque Rules, Charges to Change from Next Month
3 years, 6 months ago

IDBI Bank ATM Withdrawal, Deposit, Cheque Rules, Charges to Change from Next Month

News 18  

IDBI Bank has recently revised the charges for depositing cash and cheque books. Customers of IDBI Bank will get five free transactions while depositing cash in their savings bank accounts. At present, the bank offers 25 per cent discount on locker rent if Rs 5,000 is maintained as average quarterly balance in all four quarters. Besides, the lender has also cut down the number of free transactions from other bank ATM per month for JubileePlus and Supershakti accounts by half to 5 transactions. IDBI Bank turned profitable in the fiscal ended in March 2021 after five years, posting a net profit of Rs 1,359 crore for the year.

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IDBI Bank Hikes Interest Rate On Fixed Deposits; Check Latest FD Rates On Various Tenures
1 year, 11 months ago

IDBI Bank Hikes Interest Rate On Fixed Deposits; Check Latest FD Rates On Various Tenures

News 18  

Following the rate hikes by lenders, IDBI Bank has also raised its interest rate on fixed deposits below Rs 2 crore, with effect from December 19. According to the statement, “IDBI Bank offers 7.60 per cent interest on Retail Amrit Mahotsav Deposit. IDBI Bank has enhanced rate of interest on deposits and now offers interest up to 7.60 per cent …

IDBI Bank Back in Black in FY21 After 5 Years, Posts Profit of Rs 1,359 Crore
3 years, 7 months ago

IDBI Bank Back in Black in FY21 After 5 Years, Posts Profit of Rs 1,359 Crore

News 18  

LIC-controlled IDBI Bank turned profitable in the fiscal ended in March 2021 after five years, posting a net profit of Rs 1,359 crore for the year. In the last quarter of the fiscal year 2020-21, the bank reported a nearly four-fold jump in its net profit to Rs 512 crore, IDBI Bank said in a release. The bank said its …

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