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Business Line - Money & Banking: The Hindu BusinessLine: Business Financial, Economy, Market, Stock - News & Updates

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This is the first quarterly numbers after the government earlier this week approved the sale of a 60.72% stake in IDBI Bank to Canada’s Fairfax Financial Holdings for about ₹53,000 crore

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The leadership change comes as the country’s largest private sector lender prepares for Anup Bagchi to assume charge later this month.

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Core net interest income grows 17.7% to ₹25,339 crore

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The government has cited legal provisions and past Budget commitments to defend its decision to proceed with the strategic disinvestment of IDBI Bank.

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Net interest income (interest income less interest expended) rose 10% y-o-y to ₹34,619 crore (₹31,551.50 crore in Q2FY26)

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