IDBI Bank Ltd. on Saturday reported a 5 per cent year-on-year increase in net profit to ₹2,115 crore for the first quarter of FY2026-27, driven by higher net interest income, robust loan growth and continued improvement in asset quality. The bank had posted a net profit of ₹2,007 crore in the corresponding quarter of the previous financial year, while profit rose 9 per cent sequentially. The Board of Directors approved the financial results for the quarter ended June 30, 2026, at its meeting in Mumbai. Net Interest Income (NII) grew 10 per cent year-on-year to ₹3,486 crore from ₹3,166 crore, while operating profit stood at ₹2,168 crore. The bank reported a Net Interest Margin (NIM) of 3.61 per cent and Return on Assets (ROA) of 1.89 per cent. Cost of deposits declined to 4.59 per cent and cost of funds eased to 4.68 per cent, reflecting improved operational efficiency.
On the business front, total deposits rose 10 per cent year-on-year to ₹3.26 lakh crore, while net advances jumped 22 per cent to ₹2.59 lakh crore. The CASA ratio stood at 43.64 per cent, with the bank maintaining a 30:70 corporate-to-retail mix in its gross advances portfolio. Asset quality strengthened further as the Gross NPA ratio improved to 2.30 per cent from 2.93 per cent a year ago, while Net NPA declined to 0.16 per cent. The Provision Coverage Ratio remained above 99 per cent at 99.31 per cent, and the Capital Adequacy Ratio improved to 26.92 per cent. During the quarter, IDBI Bank received the “APY Annual Award of Ultimate Achiever” from the Department of Financial Services for meeting Atal Pension Yojana enrolment targets, launched the nationwide “IDBI Innovate 2026” hackathon to promote digital banking innovation, and won recognition at the Internal Audit Excellence Awards 2026 for its AI-enabled i Netra audit system.
In Guwahati, IDBI Bank’s steady earnings growth, improving asset quality and healthy capital position could strengthen confidence among retail depositors, MSMEs and corporate borrowers in the region. The bank’s emphasis on digital innovation and financial inclusion is also expected to support increasing demand for technology-driven banking services across Assam and the wider Northeast, where digital adoption and credit demand continue to grow.