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 · Jul 27, 2026

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 · Jul 18, 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 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

BANKING & FINANCE Kotak Mahindra Bank Q4 Profit Rises 13% On Strong Income, Asset Quality

Kotak Mahindra Bank Ltd (KMBL) reported a 13% increase in standalone net profit at ₹4,027 crore for the March quarter, driven by higher interest income and improved asset quality. Net Interest Income rose 8% to ₹7,876 crore, while Net Interest Margin contracted to 4.67% from 4.97%. Cost of funds declined to 4.45% from 5.09%. Fee […]

CW Bureau · May 2, 2026

BANKING & FINANCE RBL Bank Q4 Net Profit Surges 234% To ₹230 Cr On Retail, Deposit Growth

RBL Bank Ltd, a private sector lender, reported a 234% increase in its standalone net profit for March quarter at ₹230 crore compared with the year-ago period, driven by strong momentum in granular retail advances and sustained strengthening of its deposit franchise. Net interest income (NII) grew 7% to ₹1,671 crore, while net interest margin […]

CW Bureau · Apr 25, 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

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 · Apr 20, 2026

RETAIL/FMCG Fino Payments Bank Deposits Hit Record ₹2,900 Cr In Two Weeks

Fino Payments Bank has reported its highest-ever total deposit balance of ₹2,900 crore over the past two weeks, even as the payments bank has recently faced scrutiny and negative headlines. In a regulatory filing, the bank said deposit balances rose nearly 9% in the last two weeks to reach the all-time high as of March […]

CW Bureau · Mar 14, 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