INDIA MARKET LENS
Markets◆ MixedQuarterly Results

IDBI Bank Q2 Update: Total Business Crosses Rs 6 Lakh Crore, Deposits Rise 17%

Indian markets moved higher in a quarterly results development.

· NDTV Profit

IDBI Bank's total business rose 18% year-on-year to Rs 6.27 lakh crore, while total deposits grew 17% from a year earlier to Rs 3.56 lakh crore.

Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.