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IDBI Bank Shares Fall Despite Double-Digit Business Growth in Q3 FY26
IDBI Bank shares slipped nearly 4% despite a 12% year-on-year increase in total business in Q3 FY26, reflecting cautious market sentiment.
IDBI Bank’s shares declined about 4% on January 5 even as the lender reported a 12% year on year rise in total business for the third quarter of FY26, supported by strong deposit and loan growth. the share price reaction reflects profit-booking and cautious sentiment in the banking sector, with investors focusing on asset quality and margin pressures in a rising interest rate environment.