IDBI Bank Limited — Updates, 25-10-2024: Press Release

IDBI Bank reported a net profit of ₹1,836 crore for Q2 FY 2025, a 39% year-on-year rise, with an operating profit growth of 45%. The net interest margin improved to 4.87%. The gross NPA ratio decreased to 3.68%, and net NPA reduced to 0.20%. Total deposits grew 11% to ₹2,77,602 crore, while net advances rose 19% to ₹2,00,944 crore. The bank's CRAR strengthened to 21.98%, reflecting robust capital adequacy.