IDBI Bank Q3 Update: Annual Growth Intact Despite Quarterly Moderation

IDBI Bank’s Q3 business update reflected steady year-on-year growth even as quarterly numbers saw mild moderation. Total business reached ₹5.46 lakh crore, registering a 12% YoY increase, though it declined 2.36% QoQ. Deposits slipped 1.4% QoQ but grew 9% YoY, while net advances declined 3.6% QoQ and improved 15% YoY. CASA deposits strengthened 2.5% QoQ and 4% YoY, indicating improving deposit quality. #IDBIBank #BankingStocks #Q3Results #IndianBanks #StockMarketIndia #StockYard #MarketUpdate #InvestSmart