Key Highlights
- IDBI Bank announced in October that its standalone net profit for the September quarter almost doubled to ₹3,627 crore, which includes profits from its investment sale in NSDL.
- The LIC-controlled bank had recorded a profit of ₹1,836 crore during the July-September period of 2024-25.
- The bank had offered more than 2.22 crore equity shares, representing an 11.11% stake in National Securities Depository Ltd (NSDL), in its IPO at a price of ₹799.87 per share, resulting in a net gain of ₹1,698.96 crore, according to a filing with the BSE.
- The bank reported a 17% increase in operating profit in the second quarter of the fiscal year, amounting to ₹3,523 crore compared to ₹3,006 crore in the same quarter last year.
- Net interest income reached ₹3,285 crore during the July-September period of FY26, down from ₹3,875 crore a year prior.
