IDBI Bank Q1 Update: How was the business of the first quarter, figures released:

News Topical, Digital Desk : IDBI Bank has released the business performance of the June quarter. According to the bank, its total business has increased by 8 percent compared to last year. Along with this, total deposits have increased by 7 percent compared to last year. Net advance has increased by 9 percent on a year-on-year basis, while CASA deposits have decreased by 2 percent compared to last year. The bank has released the figures after the market closed. The stock has seen a decline in Friday's session. The effect of these figures can be seen on the stock in the next session.

How were the figures

According to the data released by the bank, the total business of the bank has increased from Rs 4.71 lakh crore to Rs 5.08 lakh crore as compared to last year. There has been an increase of 8 percent on a year-on-year basis. At the same time, the total deposits of the bank have increased from Rs 2.77 lakh crore to Rs 2.96 lakh crore and there has been an increase of 7 percent in it compared to last year. Net advances have increased by 9 percent on a year-on-year basis and have increased from Rs 1.94 lakh crore to Rs 2.11 lakh crore. CASA deposits have declined by 2 percent and have come down from Rs 1.34 lakh crore to Rs 1.32 lakh crore.

How was the performance of the stock

On Friday, the stock closed at 101.15 with a decline of 0.34 percent. However, during trading, the stock had come down to the level of 100.7. The stock has increased by 29 percent in the last 3 months. The one-year return is 21 percent. In the year 2025, the stock has given a return of 32 percent.