IDBI Bank Soars: Q3 Sees Double-Digit Growth, Advances Jump 15%

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CNBC TV18•03-01-2026, 13:50
IDBI Bank Soars: Q3 Sees Double-Digit Growth, Advances Jump 15%
- •IDBI Bank reported double-digit growth in Q3 FY2026, with total business rising 12% YoY to ₹5.47 lakh crore by December 31, 2025.
- •Net advances grew 15% YoY to ₹2.39 lakh crore, while total deposits reached ₹3.08 lakh crore.
- •CASA deposits increased 4% YoY to ₹1.36 lakh crore, though they moderated sequentially.
- •The bank's shares surged 10.45% to ₹114.60, an 11-year high, ahead of the provisional Q3 business update.
- •These provisional figures are subject to statutory audit.
Why It Matters: IDBI Bank achieved strong Q3 growth with 15% rise in advances, boosting its share price.
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