Total deposits grew 17% YoY to ₹3.56 lakh crore, while net advances increased 18% to ₹2.72 lakh crore.
The bank’s CASA deposits rose 12% YoY to ₹1.56 lakh crore.
The latest business update comes after the bank had reported its June quarter results on July 18, with the lender reporting pressure on its margins, while asset quality remained largely steady.
Net Interest Income or core income for the lender (NII) grew by 10% from last year to ₹3,486 crore. However, the figure was down 9% on a sequential basis.
Net profit for the period grew by 5% year-on-year to ₹2,115 crore. The profitability was also aided by a provision write-back of ₹636.89 crore, compared to provisions of ₹285 crore in the previous quarter.
Asset quality remained stable with Gross NPA at 2.3% from 2.32% in March, while Net NPA stood at 0.16% from 0.15% in the previous quarter. In absolute terms, IDBI Bank’s Gross NPA stood at ₹6,089 crore from ₹6,028 crore, while Net NPA stood at ₹425.5 crore from ₹379 crore in March.
IDBI Bank’s Net Interest Margins (NIMs) were under pressure with the 3.61% figure being 7 basis points lower than last year and 54 basis points lower than the previous quarter’s figure of 4.15%.
Net Advances for the quarter increased by 22% from last year to ₹2.58 lakh crore, while deposits grew by 10% to ₹3.25 lakh crore. On a sequential basis, advances were up 2%, while deposits were down 6%.
IDBI Bank shares closed at ₹87.10 on October 1, rising 5.96% during the session.
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First Published: Oct 3, 2026 7:42 PM IST