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IDBI Bank Q2 results: Net profit tanks 39% YoY to Rs 2,205 crore; NII dips 49% YoY

IDBI Bank Q2 results: Net profit tanks 39% YoY to Rs 2,205 crore; NII dips 49% YoY

IDBI Bank has reported a 39% year-on-year decline in net profit to Rs 2,205 crore in the second quarter of financial year 2027. However, excluding a one-off gain in the previous year, the bank's profit rose by 14%. The bank also saw improvements in asset quality, deposits, advances, and net interest margins.

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