Corporate India is increasingly diversifying its funding sources, with nearly half of the resources raised in FY25 coming from non-banking channels like equity markets and NBFC loans. While the total financial resources to the corporate sector saw a modest increase, bank credit demand declined, influenced by strong equity market performance and cautious lending.
IDBI Bank Q2 results: Net profit tanks 39% YoY to Rs 2,205 crore; NII dips 49% YoY
IDBI Bank reported a 39% year-on-year profit decline to Rs 2,205 crore in Q2 FY27, impacted by a one-off gain in the previous year. Excluding