IDBI Bank has posted a credit growth of 15 per cent at Rs 2.3 lakh crore in the second quarter of FY26 (Q2FY26). Net advances were Rs 2 lakh crore at the end of September 30, 2024. The lender reported a 9 per cent increase in total deposits to Rs 3.03 lakh crore in Q2FY26 as against Rs 2.77 lakh crore at the end of the second quarter of the previous financial year.
The bank's total business rose by 12 per cent to Rs 5.33 lakh crore over Rs 4.78 lakh crore in the year-ago period. Current Account and Savings Account (CASA) deposits of the bank rose by 4 per cent to Rs 1.39 lakh crore as compared to Rs 1.33 lakh crore at the end of second quarter of previous fiscal.
IDBI Bank provides a wide gamut of financial products and services encompassing deposits, loans, payment services and investment solutions.
