IDBI Bank Shares Rise 13%, Market Value Up Rs 11,460 Crore
IDBI Bank shares surged nearly 13%, boosting its market capitalization by over Rs 11,460 crore amid a muted market. The rise follows progress in the bank's privatisation process. The bank also reported strong business growth in Q2FY27. JM Financial noted sector-wide loan growth, deposit mobilisation, and margin pressures in banking.
ET Markets·

