iGEN
Visit IGEN World Explore IGEN Expo
EXPLORE UPGRADE PLANS
BREAKING
UPS shift away from Amazon shows bigger payoff Lanesurf: 62% of Loads Get Vetted Carrier Offers Before Brokers Arrive India-China Border Trade Via Lipulekh Resumes Aug 1; China Permits 20 Traders Geopolitics Drives CMA CGM Q2 Profit Surge of 42% as Volumes and Rates Climb Benchmark Diesel Price Rises Third Week as Futures Plunge; Spread Hits Record Indian Government Limits Sugar Dealers to 400 Tonnes Stock Until November to Curb Hoarding Tenants signing longer leases for larger warehouses as 3PLs lock in capacity US stock market flat as S&P 500 and Dow barely move, Nasdaq slides over 1% on chip rout TruAlt Bioenergy Q1 Net Zooms to ₹59.27 Crore on Higher Revenues, Capacity Expansion India’s cotton sowing crosses 100 lakh hectares as monsoon picks up, area expands in key states UPS shift away from Amazon shows bigger payoff Lanesurf: 62% of Loads Get Vetted Carrier Offers Before Brokers Arrive India-China Border Trade Via Lipulekh Resumes Aug 1; China Permits 20 Traders Geopolitics Drives CMA CGM Q2 Profit Surge of 42% as Volumes and Rates Climb Benchmark Diesel Price Rises Third Week as Futures Plunge; Spread Hits Record Indian Government Limits Sugar Dealers to 400 Tonnes Stock Until November to Curb Hoarding Tenants signing longer leases for larger warehouses as 3PLs lock in capacity US stock market flat as S&P 500 and Dow barely move, Nasdaq slides over 1% on chip rout TruAlt Bioenergy Q1 Net Zooms to ₹59.27 Crore on Higher Revenues, Capacity Expansion India’s cotton sowing crosses 100 lakh hectares as monsoon picks up, area expands in key states
Home ›› Topics ›› indian bank

Topic

indian bank

2 stories
IDBI Bank Q1FY27 Net Profit Rises 3.3% to Rs 2,007 Crore on Lower Provisions Despite Weaker Operating Profit Finance
Banking #idbi bank#q1fy27

IDBI Bank Q1FY27 Net Profit Rises 3.3% to Rs 2,007 Crore on Lower Provisions Despite Weaker Operating Profit

IDBI Bank's standalone net profit for Q1 ended June 30, 2026 rose 3.3% year-on-year to Rs 2,007.36 crore, aided by a write-back of provisions of Rs 179.46 crore. Net interest income fell marginally while non-interest income dropped sharply, leading to a 28.1% decline in operating profit. Asset quality remained stable with gross NPAs at 2.30%.

Jul 18, 2026 1 source
Indian Bank targets $2 billion through FCNR deposits after RBI removes interest rate ceiling Finance
Banking #indian bank#fcnr

Indian Bank targets $2 billion through FCNR deposits after RBI removes interest rate ceiling

Indian Bank plans to raise $2 billion through FCNR(B) deposits after the RBI removed the interest rate ceiling on fresh deposits with maturities of 3-5 years until September 30, 2026. The bank has secured $140 million since mid-June and raised the deposit rate to 6%. The move is expected to boost foreign currency inflows for the bank, which also reported a 10% rise in Q1 net profit to Rs 3,273 crore.

Jul 11, 2026 1 source