More Stories

Informist, Saturday, Jan. 17, 2026

 

Please click here to read all liners published on this story

--IDBI Bank Oct-Dec net profit INR 19.35 bln
--IDBI Bank Oct-Dec net profit INR 19.35 bln vs INR 19.08 bln year ago
--IDBI Bank Oct-Dec total income INR 82.82 bln vs INR 85.65 bln year ago
--IDBI Bank Oct-Dec reversed provisions worth INR 5.42 bln
--IDBI Bank Oct-Dec reversed NPA provisions worth INR 6.03 bln
--IDBI Bank gross NPA ratio 2.57% as on Dec 31 vs 2.65% qtr ago
--IDBI Bank net NPA ratio 0.18% as on Dec 31 vs 0.21% qtr ago
--IDBI Bank Basel III capital adequacy ratio 24.63% as on Dec 31
--IDBI Bank Oct-Dec net interest margin 3.52% vs 3.71% quarter ago
--IDBI Bank Apr-Dec net profit INR 32.09 bln vs INR 54.64 bln year ago
--IDBI Bank Apr-Dec total income INR 263.34 bln vs INR 247.91 bln year ago
--IDBI Bank provision coverage ratio 99.33% as on Dec 31
--IDBI Bank Oct-Dec cost of funds at 4.74% vs 4.82% year ago
--IDBI Bank Oct-Dec cost of deposits at 4.62% unchanged from year ago
--IDBI Bank Oct-Dec cost-to-income ratio at 56.61%
--IDBI Bank net advances INR 2.39 tln as on Dec 31, up 15% on year
--IDBI Bank Oct-Dec net interest income INR 32.09 bln vs INR 42.3 bln
--IDBI Bank deposits at INR 3.08 tln as on Dec 31, up 9% on year
--IDBI Bank CASA ratio 44.06% as on Dec 31

 

By Suryash Kumar

 

MUMBAI – A reversal in provisions and rise in other income helped IDBI Bank report a rise in its net profit on year for the December quarter. A fall in its top line and shrinking net interest income nearly offset the benefit from the improved asset quality.

 

 The bank's net profit for the reporting quarter was INR 19.35 billion, up from INR 19.08 billion in the year-ago quarter but down nearly 47% sequentially. The bank's other income increased to INR 12.08 billion, 61% higher on year but halved from the September quarter. Despite the other income boost, the bank's total income for the December quarter declined to INR 82.82 billion from INR 85.65 billion in the same quarter year ago.

 

On a net basis, it reversed provisions amounting to INR 5.42 billion, with a reversal of INR 6.03 billion linked to non-performing asset provisioning. Reversal of provision refers to banks reducing amount set aside earlier for bad loans or future obligations due to change in regulation or improvement in loan account. In Jul-Sept, IDBI Bank had reported a provision reversal of INR 6.53 billion, while provisions dragged down net profit by INR 1.66 billion in Oct-Dec 2024.  More

 

The bank's net interest income fell 24% on year to INR 32.09 billion, while net interest margin declined to 3.52% from 5.17% in the year-ago quarter. Total expenses rose 10.5% on year and 4.9% on quarter to INR 63.65 billion.

 

IDBI Bank's net advances were INR 2.39 trillion as of Dec. 31, up 15% on year. Deposits grew only 9% to INR 3.08 trillion as of Dec. 31. Its low cost current account savings account ratio was 44.06% as on Dec. 31, down from 45.81% as on Sept. 30.

 

The lender's gross non-performing assets declined to INR 62.80 billion as of Dec. 31 from INR 76.35 billion a year ago. The gross NPA ratio improved to 2.57% as on Dec. 31 from 3.57% a year ago and 2.65% as of Sept. 30. The net NPA ratio was 0.18% at December-end, unchanged from a year ago and down from 0.21% at September-end. The bank's adequacy ratio fell to 24.63% at December-end from 25.39% as on Sept. 30.

 

Its provision coverage ratio including technical write-offs was 99.33% as of Dec. 31, up from 99.26% in the trailing quarter. The cost of funds improved to 4.74% in the December quarter, from 4.82% in Jul-Sept. The cost of deposits also fell slightly to 4.62% in the December quarter from 4.69% in the trailing period. However, the yield on advances slumped 61 bps sequentially to 8.46% in the December quarter.

 

The bank's net profit for the nine months ended December was INR 75.70 billion, up 39% on year. Its total income for Apr-Dec was INR 263.34 billion compared to INR 247.91 billion a year ago. Shares of IDBI Bank closed at INR 104.55 on National Stock Exchange Friday, down 0.3% from the previous day's close.  End

 

Edited by Ashish Shirke

 

For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.

 

Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.

 

Informist Media Tel +91 (22) 6985-4000

Send comments to feedback@informistmedia.com

 

© Informist Media Pvt. Ltd. 2026. All rights reserved.