Mumbai : IDBI Bank has reported a strong set of provisional numbers for the second quarter of FY26, registering a 12 per cent year-on-year (YoY) growth in total business, driven by steady deposit accretion and robust credit expansion. The bank’s total business (deposits plus advances) rose to ₹5,33,839 crore as of September 30, 2025, compared to ₹4,78,547 crore in the corresponding period last year. During the quarter, total deposits grew 9 per cent YoY to ₹3,03,531 crore, while net advances surged 15 per cent YoY to ₹2,30,308 crore, as per the lender’s regulatory filing.

Within total deposits, the Current Account and Savings Account (CASA) balances increased 4 per cent YoY to ₹1,39,056 crore, against ₹1,33,639 crore a year earlier. However, the CASA ratio slipped to 45.81 per cent from 48.14 per cent, indicating a gradual shift toward term deposits amid rising interest rates. The double-digit growth in advances signals a strong recovery in lending activity, with healthy traction seen across retail and corporate portfolios. The moderate rise in deposits, coupled with a decline in CASA share, mirrors the broader industry trend of deposit reallocation toward higher-yielding term products. Analysts note that IDBI Bank’s sustained business growth, along with improving asset quality and capital adequacy, positions it well for continued expansion in the coming quarters. 

The Views Express