DBT Bureau
Pune, 17 Oct 2026
IDBI Bank said in a press release that its net profit increased 4% quarter-on-quarter to ₹2,205 crore for the quarter ended September 30, 2026 (Q2 FY27), compared with ₹2,115 crore in the previous quarter.
The bank’s operating profit rose 33% quarter-on-quarter to ₹2,893 crore in Q2 FY27 from ₹2,168 crore in Q1 FY27. Net interest income (NII) increased 29% year-on-year to ₹4,228 crore from ₹3,285 crore in the corresponding quarter of the previous financial year. It also grew 21% quarter-on-quarter.
Net interest margin (NIM) stood at 4.11%, increasing 40 basis points year-on-year and 50 basis points quarter-on-quarter. The cost of deposits declined to 4.55% from 4.69% in Q2 FY26 and 4.59% in Q1 FY27.
IDBI Bank’s total business increased 18% year-on-year to ₹6,27,216 crore as of September 30, 2026. Total deposits grew 17% to ₹3,55,684 crore, while net advances rose 18% to ₹2,71,533 crore.
Current account and savings account (CASA) deposits increased 12% year-on-year to ₹1,55,877 crore. The CASA ratio stood at 43.82% at the end of the September quarter.
The bank also reported an improvement in asset quality. Gross non-performing assets (NPA) declined to 2.12% as of September 30, 2026, from 2.65% a year earlier. Net NPA stood at 0.17%, compared with 0.21% in the corresponding period last year.
The provision coverage ratio, including technical write-offs, stood at 99.24%. The capital adequacy ratio improved to 27.10% from 25.39% a year earlier, while the Tier 1 capital ratio increased to 26.55% from 23.79%.
The cost-to-income ratio stood at 48.17% in Q2 FY27, declining from 52.02% in the previous quarter.
During the quarter, IDBI Bank launched a Salary Account Package for Central Government employees. The bank also received industry recognition for its contributions to agriculture finance, rural development, financial inclusion and technology-driven internal audit practices.
