IDBI Bank posts 14% March quarter business growth to ₹6L/cr
Business
IDBI Bank just posted a strong 14% jump in total business for the March 2026 quarter, reaching ₹6 lakh crore.
This was powered by a solid boost in deposits (up 12%) and net advances (up 16%), with CASA deposits also growing to ₹1.55 lakh crore.
IDBI Bank stock down 33% YTD
Even with all this growth, IDBI Bank's stock hasn't kept up: it's down 33% so far this year.
Still, the bank ended April 2 on a positive note, closing at ₹69.52 after a small rebound.
The steady rise in both deposits and advances shows the bank's expansion strategy is working, even if the market hasn't fully caught on yet.