BANKING & FINANCE
Indian Bank Q3 Net Up By 7% To ₹3,061 Cr On Improved Interest Income
Public sector lender Indian Bank reported a 7.33% increase in net profit for the December quarter to ₹3,061 crore, compared with the year-ago period, aided by improved asset quality and interest income. Net Interest Income (NII) rose 7.50% to ₹6,896 crore, while Net Interest Margin (NIM) declined to 3.28% from 3.45% a year earlier. Gross […]
CW Bureau
·
Jan 22, 2026
BANKING & FINANCE
AUM Of Gold-Loan NBFCs To Cross ₹4 Lakh Cr In FY27
Assets under management (AUM) of non-banking financial companies (NBFCs) specialising in gold loans is set to log a compound annual growth rate (CAGR) of 40% between this fiscal and next, surpassing ₹4 lakh crore by March 2027. The surge will be driven by elevated gold prices, a shift towards secured credit and an evolved regulatory […]
CW Bureau
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Jan 22, 2026
BANKING & FINANCE
South Indian Bank Q3 Net Rises 9% to ₹374 Cr. On Overall Performance
Private sector lender South Indian Bank reported a 9% rise in standalone net profit to ₹374 crore for the December quarter, driven by strong performance across all major segments. Net profit for the nine months ended December 31, 2025 increased 9% to ₹1,048 crore, compared with ₹961 crore in the year-earlier period. Non-interest income for […]
CW Bureau
·
Jan 15, 2026
BANKING & FINANCE
Indian Overseas Bank Q3 Net Rises 56.18% On Improved Asset Quality
Public sector lender Indian Overseas Bank (IOB) reported December quarter standalone net profit rose 56.18% to ₹1,365 crore against ₹874 crore in the year earlier period due to improved performance and asset quality. Net interest income increased by 18.29% to ₹3,299 crore. Domestic net interest margin rose to 3.42% from 3.35% in Q2FY26. Gross Non-Performing […]
CW Bureau
·
Jan 15, 2026
