'IDBI Bank has
reported 17% growth in net profit at Rs 2007.36 crore for the quarter ended
June 2025 (Q1FY2026). The bank has posted 2% decline in net interest income
(NII), while the core fee income of the bank improved 3% in Q1FY2026. The Net
Interest Margin (NIM) of the bank declined to 3.68% in Q1FY2026 compared to 4.18%
in the corresponding quarter of previous year.
On business
front, the bank has posted 7% growth in business with 8% rise in loan book. The
asset quality of the bank was stable in Q1FY2026. Bank has raised the credit to
deposit ratio to 73.4% at end June 2025 from 72.6% at end June 2024. CASA ratio
of the bank has declined to 44.7% at end June 2025 from 48.6% at end June 2024.
Asset
quality stable: The bank has maintained stable asset quality in Q1FY2026.
The fresh
slippages of loans stood at Rs 549 crore in Q1FY2026 compared with 346 crore in
previous quarter and Rs 659 crore in the corres...
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