Smar NetworkSmar.inSmargrid.comNewsInsuranceRooms

SMAR Daily Industry News

Daily news across AI, technology, finance, insurance, healthcare, automotive, real estate, and government

Facebook Telegram
← Back to Banking & Finance

IDBI Bank Q2 results: Net profit tanks 39% YoY to Rs 2,205 crore; NII dips 49% YoY

📅 2026-10-17 | 📰 Economic Times Markets
#banking-finance #idbi #bank #results

IDBI Bank reported a 39% year-on-year profit decline to Rs 2,205 crore in Q2 FY27, impacted by a one-off gain in the previous year. Excluding this, profit rose 14%. Asset quality improved, deposits grew 17%, advances increased 18%, and net...

Read more: https://economictimes.indiatimes.com/markets/stock...