IDBI Bank’s Q1 Business Up 15% At Rs5,84,725 Cr

IDBI Bank reports 5% rise in profits on Y-o-Y basis

FinTech BizNews Service

Mumbai, July 18, 2026: The Board of Directors of IDBI Bank Ltd. (IDBI Bank) met in Mumbai today and approved the financial results for the Quarter ended June 30, 2026. 

The Bank has delivered another quarter of healthy and balanced growth, marked by higher profitability, robust business expansion, continued improvement in asset quality, and a strong capital position, reflecting its sustained focus on profitable and prudent growth.

Key highlights are as follows:

• Net Profit rose to Rs2,115 crore, registering 5% YoY and 9% QoQ growth.
• Net Interest Income (NII) increased 10% YoY to Rs3,486 crore.
• Total Business grew 15% YoY to Rs5.85 lakh crore.
• Net Advances recorded a robust 22% YoY growth, while Total Deposits increased 10% YoY.
• Gross NPA improved to 2.30%, while Net NPA further declined to 0.16%.
• Provision Coverage Ratio (PCR) remained strong at 99.31%.
• Capital Adequacy Ratio (CRAR) improved to 26.92%, underscoring the Bank's strong capital position.
• Cost of Deposits declined to 4.59%, while Cost of Funds reduced to 4.68%, reflecting improved operating efficiency.
• The quarter also saw significant milestones, including the APY Annual Award of Ultimate Achiever, the launch of IDBI Innovate 2026, and recognition for the Bank's AI-enabled iNetra internal audit platform.
  • v  Bank has reported Net profit of Rs2,115 crores for Q1 FY 27 as against of Rs2,007 crores for Q1 FY 26. YoY growth of 5% and QoQ growth of 9%.

• v  Operating Profit stood at Rs2,168 crores.

  v  Cost of Deposit down to 4.59% in Q1 FY 27 as compared to 4.84% in Q1 FY 26. YoY reduction is by 25 bps and QoQ reduction is by 1 bps.

  v  Cost of Funds down to 4.68% in Q1 FY 27 as compared to 4.98% in Q1 FY 26. YoY reduction is by 30 bps, QoQ reduction is by 3 bps.

  v  Net Interest Income (Interest earned less Interest expenses) increased to Rs3,486 crore in Q1 FY 27 as compared to Rs3,166 crore in Q1 FY 26. YoY growth of 10%.

  v  NIM stood at 3.61%.

  v  Return on Assets (ROA) stood at 1.89%. QoQ increase by 14 bps.

  Business Growth

  §  Total Deposits increased by 10% YoY to Rs3,25,757 Crore as on June 30, 2026 as against Rs2,96,782 Crore as on June 30, 2025.

  §  CASA increased by 7% YoY to Rs1,42,162 Crore as on June 30, 2026 as against Rs1,32,467 Crore as on June 30, 2025.

  §  CASA ratio stood at 43.64% as on June 30, 2026.

  §   Net Advances grew by 22% YoY to Rs2,58,968 Crore as on June 30, 2026 as against Rs2,11,907 as on June 30, 2025. Net advances grew by 2% QoQ as against Rs2,53,626 as on March 31, 2026.

  §  The composition of Corporate v/s Retail in Gross Advances portfolio stood at 30:70 as on June 30, 2026.

  Asset Quality

  §  Gross NPA ratio improved to 2.30% as on June 30, 2026 as against 2.93% as on June 30, 2025 and 2.32% as on March 31, 2026.

  §  Net NPA ratio stood at 0.16% as on June 30, 2026 as against 0.21% as on June 30, 2025.

  §  Provision Coverage Ratio (including Technical Write-Offs) stood at 99.31% as on June 30, 2026. The PCR is consistently above 99% since September 2023.

  Capital Position

  §  CRAR improved to 26.92% as on June 30, 2026 as against 25.39% as on June 30, 2025 and 26.65% as on March 31, 2026.

  §  Tier 1 Capital improved to 26.38% as on June 30, 2026 as against 23.71% as on June 30, 2025 and 25.56% as on March 31, 2026.

  §  Risk Weighted Assets (RWA) stood at Rs2,30,728 Crore as on June 30, 2026 as against Rs1,92,965 Crore as on June 30, 2025.

  Significant developments

  • IDBI Bank was conferred the "APY Annual Award of Ultimate Achiever" by the Department of Financial Services, Ministry of Finance, in recognition of its outstanding achievement in meeting the annual Atal Pension Yojana (APY) enrolment targets for FY 2025-26. The award was presented at an event organized by the Pension Fund Regulatory and Development Authority (PFRDA) in May 2026, underscoring the Bank's commitment to advancing financial inclusion and social security initiatives across the country.
  •  
    • IDBI Bank announced the launch of “IDBI Innovate 2026”, a nationwide hackathon aimed at fostering innovation and accelerating digital transformation within the banking ecosystem. The initiative invited participation from start-ups, fintech companies, developers, and innovators across India to develop technology-driven solutions for real-world banking challenges. Through this platform, the Bank seeks to leverage emerging technologies and innovative thinking to enhance customer experience, strengthen operational efficiency, and support the future-ready transformation of banking services.
  •  
    • IDBI Bank was honoured at the “Internal Audit Excellence Awards 2026” for its pioneering use of the AI-enabled i Netra system in strengthening internal audit processes. The recognition underscores the Bank’s commitment to leveraging advanced technology to enhance audit effectiveness, improve risk oversight, and set new benchmarks in innovation-driven internal audit excellence.