IDBI Bank gains on posting credit growth of 15% in Q2FY26
IDBI Bank is currently trading at Rs. 92.81, up by 0.23 points or 0.25% from its previous closing of Rs. 92.58 on the BSE.
The scrip opened at Rs. 92.91 and has touched a high and low of Rs. 94.12 and Rs. 92.58 respectively. So far 174276 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 106.34 on 30-Jun-2025 and a 52 week low of Rs. 65.89 on 13-Jan-2025.
Last one week high and low of the scrip stood at Rs. 94.12 and Rs. 88.49 respectively. The current market cap of the company is Rs. 99578.00 crore.
The promoters holding in the company stood at 94.71%, while Institutions and Non-Institutions held 0.70% and 4.59% respectively.
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.
