BANKING & FINANCE
SBI Q1 Profit Rises 10% To ₹21,121Cr; Advances Cross ₹50 Lakh-Cr Mark
State Bank of India (SBI), the country’s largest lender, reported a 10.23% year-on-year increase in net profit to ₹21,121 crore for the first quarter ended June 30, 2026, driven by healthy growth in net interest income, advances and improved asset quality. The bank’s operating profit rose 9.77% to ₹33,529 crore, while net interest income (NII) […]
CW Bureau
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Aug 7, 2026
BANKING & FINANCE
Tamilnad Mercantile Bank Q1 Profit Rises 35% To ₹411.5 Cr; NII Grows
Tamilnad Mercantile Bank Ltd (TMB) posted a 34.97% year-on-year (YoY) increase in net profit at ₹411.51 crore for the first quarter of FY27, driven by strong growth in net interest income(NII), healthy expansion in advances and deposits, and continued improvement in asset quality. The private sector lender had reported a net profit of ₹304.89 crore […]
CW Bureau
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Jul 27, 2026
BANKING & FINANCE
Indian Overseas Bank Q1 Profit Rises 49% To ₹1,659 Cr; Bad Loans Decline
State-owned Indian Overseas Bank (IOB) reported a robust 49.32% year-on-year rise in net profit to ₹1,659 crore for the first quarter ended June 30, 2026, driven by strong growth in net interest income, healthy credit expansion and a sharp improvement in asset quality. The Chennai-headquartered lender’s operating profit increased 14.21% to ₹2,693 crore, while net […]
CW Bureau
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Jul 20, 2026
BANKING & FINANCE
Federal Bank Q1 Net Profit Rises 37% To ₹1,177 Cr; Asset Quality Improves
Federal Bank reported a 36.57% year-on-year increase in net profit to ₹1,176.93 crore for the quarter ended June 30, 2026 (Q1 FY27), driven by strong growth in its core lending business, expanding margins and a sharp improvement in asset quality. The bank’s performance was powered by robust growth in net interest income and fee income, […]
CW Bureau
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Jul 17, 2026
BANKING & FINANCE
CSB Bank Q4 Profit Rises 6% To ₹202 Cr On Strong NII Growth & Gold Loans
CSB Bank Ltd reported a 6% increase in standalone net profit at ₹202 crore for the March quarter over the corresponding period last year, supported by strong growth in net interest income and stable asset quality. Net Interest Income (NII) rose 25% to ₹464 crore, while interest income increased to ₹1,201 crore from ₹1,154 crore. […]
CW Bureau
·
May 4, 2026
