BANKING & FINANCE
Karur Vysya Bank Targets NRI, SME Growth; Sees Margin Pressure Ahead
Karur Vysya Bank (KVB) is stepping up its focus on NRI deposits and small business lending while preparing for pressure on lending yields as competition for quality borrowers intensifies. Speaking during the bank’s post-earnings conference call, Managing Director & CEO B. Ramesh Babu said the lender has begun seeing traction in customised lending products and […]
Sajan C Kumar
·
Jul 24, 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
·
Jul 17, 2026
BANKING & FINANCE
UCO Bank Q4 Net Profit Rises 23% to ₹801 Cr On Improved Asset Quality
Public sector lender UCO Bank reported a 22.66% increase in net profit at ₹801 crore for the March quarter, aided by continued improvement in asset quality. Net interest income contracted by 3.11% to ₹2,614 crore. Global Net Interest Margin (NIM) improved 1 bps to 3%, while domestic NIM fell 3 bps to 3.19%. Fee-based income […]
CW Bureau
·
Apr 26, 2026
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
