BANKING & FINANCE
Kotak Mahindra Bank Q1 Profit Jumps 26% On Strong Loan Growth And NII
Kotak Mahindra Bank reported a 26% year-on-year rise in standalone net profit to ₹4,123 crore for the first quarter of FY27, aided by steady growth in net interest income (NII), healthy loan expansion and a sharp decline in credit provisions. The bank had posted a profit after tax (PAT) of ₹3,282 crore in the corresponding […]
CW Bureau
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Jul 18, 2026
BANKING & FINANCE
Indian Bank Confident Of Meeting FY27 Asset Quality Targets: MD
State-owned Indian Bank remains confident of achieving its FY27 asset quality and recovery targets, with Managing Director & CEO Binod Kumar indicating that the lender is on track to reduce gross non-performing assets (GNPA) to 1.50-1.60%, while maintaining balanced credit growth without sacrificing margins. Speaking during the bank’s Q1 FY27 earnings call, Kumar said Indian […]
CW Bureau
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Jul 18, 2026
BANKING & FINANCE
Suryoday SFB To Strengthen Asset Quality And Scale Digital Banking
Suryoday Small Finance Bank Ltd will intensify its focus on strengthening asset quality, expanding secured lending, scaling digital banking initiatives and improving operational efficiency as it pursues sustainable long-term growth, according to Chairman Krishna Prasad Nair. In his message to shareholders in the bank’s Annual Report 2025-26, Nair said the bank’s growth strategy will remain […]
CW Bureau
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Jul 15, 2026
BANKING & FINANCE
Indian Bank Q1 Profit Rises 10% To ₹3,273 Cr On NII Surge, Asset Quality
Public sector lender Indian Bank reported a 10.09% year-on-year (YoY) increase in net profit for the first quarter of FY27, supported by robust growth in net interest income (NII), healthy credit expansion and continued improvement in asset quality. The Chennai-headquartered bank posted a net profit of ₹3,273 crore for the quarter ended June 2026, compared […]
CW Bureau
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Jul 10, 2026
BANKING & FINANCE
South Indian Bank’s Advances Jump 17% In Q1 FY27, Deposits Up 11.39%
South Indian Bank has reported healthy business growth for the quarter ended June 30, 2026, with both its gross advances and deposits continuing to register double-digit growth, reflecting sustained momentum in its lending and deposit franchise. According to the bank’s provisional business update, gross advances increased 17.01% year-on-year to ₹1,04,366 crore, while total deposits rose 11.39% […]
CW Bureau
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Jul 1, 2026
BANKING & FINANCE
ESAF Bank Business Crosses ₹50,000 Cr As Retail Deposits Remain Robust
ESAF Small Finance Bank Ltd has crossed the ₹50,000 crore total business milestone, reflecting the lender’s expanding footprint and sustained growth across deposits and advances. The bank said its total business stood at ₹50,029 crore as of June 11, 2026, comprising total deposits of ₹26,197 crore and gross advances of ₹23,832 crore. Deposits maintain steady […]
CW Bureau
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Jun 12, 2026
