Mumbai bond market awaits the government’s borrowing calendar. Traders are cautious before the monetary policy review. They anticipate details on the Centre’s H2 borrowing. The market expects changes in long-term bond issuance. RBI’s reallocation strategy is also under scrutiny. Experts suggest measures to address yield curve distortions. The focus is on rebalancing the borrowing calendar.
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