IDBI Bank shares in focus as Q2 net profit falls 39%; NII tanks nearly 50% YoY
IDBI Bank reported a 39% YoY decline in Q2 FY27 net profit, partly due to a one-off gain in the previous year. Despite this, underlying profitability, margins, asset quality, deposits and advances showed improvement. Meanwhile, Fairfax Financial’s proposed 60.72% stake acquisition marks a major milestone in the bank’s privatisation.
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Story file
- Section
- Business
- Topics
- Stock market
- First reported by
- The Economic Times
- Reporter
- veer sharma
- Published
- Monday, 19 October 2026, 3:27 am IST
- Coverage
- One outlet so far
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