IPO market is booming this September. Several small and mid-sized companies are launching IPOs before the end of the month. Twenty-five IPOs are expected this month. Many companies are rushing to avoid competition from larger firms in the next quarter. Nine IPOs have already opened, and more are scheduled.
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