{
  "id": 15169288,
  "title": "IDBI Bank Q2 FY27 Net Profit Up 4% To ₹2,205 Crore, Operating Profit Rises 33%",
  "url": "https://urgent.news/2026/10/17/idbi-bank-q2-fy27-net-profit-up-4-to-2-205-crore-operating-profit",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-17T09:29:33.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/idbi-bank-q2-fy27-net-profit-up-4-to-2205-crore-operating-profit-rises-33"
  },
  "original_language": "en",
  "account": "IDBI Bank reported a 4% increase in net profit to ₹2,205 crore for the quarter and half year ending 30 September 2026, compared to ₹2,115 crore in Q1 FY27. Operating profit rose 33% YoY to ₹2,893 crore, up from ₹2,168 crore in the same period last year. Net interest income grew 29% YoY and 21% QoQ to ₹4,228 crore. The bank's net interest margin increased to 4.11% from 3.71% YoY, while the return on assets was 1.83%. Cost to income ratio decreased to 48.17% from 51.60% YoY. Total business expanded 18% YoY to ₹6,27,216 crore, with total deposits up 17% to ₹3,55,684 crore and net advances increasing 18% to ₹2,71,533 crore. CASA deposits rose 12% to ₹1,55,877 crore, and the CASA ratio was 43.82%. Gross NPA ratio improved to 2.12% from 2.65%, and net NPA ratio increased to 0.17% from 0.21%. Provision coverage ratio was 99.24%. CRAR improved to 27.10%, up from 25.39%, and Tier 1 capital stood at 26.55%, compared to 23.79% a year ago. IDBI Bank introduced a Salary Account Package for Central Government Employees and received several awards for its contributions to agriculture finance and rural development.",
  "summary": "Mumbai: IDBI Bank Ltd announced its financial results for the quarter and half year ended 30 September 2026, with net profit standing at ₹2,205 crore. This represents a 4% quarter-on-quarter increase from ₹2,115 crore in Q1 FY27. Operating Performance The bank's operating profit for Q2 FY27 was ₹2,893 crore, a 33% quarter-on-quarter increase from ₹2,168 crore in Q1 FY27. Net Interest Income (NII)…",
  "key_points": [
    "IDBI Bank's net profit increased 4% to ₹2,205 crore in Q2 FY27",
    "Operating profit rose 33% YoY to ₹2,893 crore",
    "Total business expanded 18% YoY to ₹6,27,216 crore"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Business Standard IN",
        "title": "ICICI Bank Q2 FY27 result: Net profit rises 22.3% to ₹16,333 crore",
        "url": "https://urgent.news/2026/10/17/icici-bank-q2-fy27-result-net-profit-rises-22-3-to-16-333-crore",
        "published": "2026-10-17T10:10:06.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}