BANKING & FINANCE
Union Bank Of India Reports 3.95% Rise In FY26 Net Profit At ₹18,697 Cr
Union Bank of India reported a 3.95% increase in net profit at ₹18,697 crore for the year ended March FY26, supported by improved asset quality and steady business growth. Interest income stood at ₹1,05,992 crore during the year. However, net interest income (NII) declined 1.49% to ₹36,659 crore, while net interest margin (NIM) contracted by […]
CW Bureau
·
Apr 23, 2026
BANKING & FINANCE
Bank Of Maharashtra Reports 35% Rise In Q4 Net Profit At ₹2,014 Cr
Bank of Maharashtra has posted a 35% increase in its net profit for the March Quarter at ₹2,014 crore over the year ago period on improved asset quality and total business. Net Interest Income (NII) grew by 19% to ₹3,702 crore and net revenues improved by 13% from ₹4,097 crore. Net Interest Margin domestic stood […]
CW Bureau
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Apr 20, 2026
BANKING & FINANCE
SBI Net Surge Driven By Lower Credit Costs, Improved Asset Quality
State Bank of India (SBI), the country’s largest commercial bank, delivered a strong earnings performance in the December quarter of FY26, with standalone net profit rising 24.49% year-on-year to ₹21,028 crore. The sharp improvement was driven primarily by lower provisioning costs and sustained asset quality gains, even as margins moderated marginally. The standout feature of […]
CW Bureau
·
Feb 8, 2026
