Categories: Business

IDBI Bank Q1FY27 net profit rises 3.3% to Rs 2007 crore

IDBI Bank reported a 3.3% rise in standalone net profit for June 2026 quarter. Lower provisions supported earnings, offsetting a weaker operating profit. Net interest income saw a slight decline while non-interest income dropped significantly. Deposits decreased sequentially, but advances showed modest growth. Asset quality remained stable with improved NPAs and strong capital ratios.

The News Vista

Leave a Comment
Share
Published by
The News Vista
2 months ago

Recent Posts

Delhi master plan 2047: Older colonies to get a new look; what could change for residents

The Master Plan 2047 for Delhi introduces an innovative approach to urban regeneration through property…

1 hour ago

CM Vijay’s look-alike takes Udupi by storm during Krishna Janmashtami

In Udupi, Krishna Janmashtami transformed into a grand affair, drawing thousands of devotees to partake…

1 hour ago

‘Something much bigger’: Trump planning major Middle East reset after Iran war

Post Content

1 hour ago

Europe is moving its gold out of America; where is it headed

In a strategic maneuver amidst rising global tensions, the Netherlands has transferred part of its…

1 hour ago

‘Trust shattered’: Rahul backs students protesting against MPSC paper leak in Maharashtra

1 hour ago

‘Highly useful’ but no breakthrough: What was discussed in Putin-US talks on Ukraine

Post Content

2 hours ago