BANKING & FINANCE
Indian Bank Q1 Net Profit Rises 10% To ₹3,273 Cr On Income Surge
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, 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 with […]
CW Bureau
·
Jul 10, 2026
BANKING & FINANCE
Canara Bank Q4 Net Dips By 10% To ₹4,506 Cr On Lower Other Income
Public sector lender Canara Bank reported a 10% decline in standalone net profit for the March quarter at ₹4,506 crore compared with the corresponding period last year, impacted by lower other income and decline in operating profit. Interest income increased 2.7% to ₹31,838 crore, while non-interest income contracted 24% to ₹4,824 crore. Fee-based income, however, rose […]
CW Bureau
·
May 11, 2026
BANKING & FINANCE
Karur Vysya Bank Q4 Net Up 41% To ₹725 Cr On Improved Asset Quality
Private sector lender Karur Vysya Bank (KVB) posted a 41% increase in its March quarter net profit to ₹725 crore, up from ₹513 crore in the corresponding period a year ago due to improved asset quality and increase in interest income. KVB’s net interest income increased by 25% to ₹1,359 crore from ₹1,089 crore. Net interest […]
CW Bureau
·
May 7, 2026