BANKING & FINANCE Aptus Value Housing Finance Q1 PAT Jumps 19%; AUM Crosses ₹13,600 Cr

Aptus Value Housing Finance India Ltd reported a 19% year-on-year increase in net profit to ₹261 crore for the first quarter of FY27, driven by robust loan growth, higher disbursements and continued expansion of its branch network. The Chennai-based affordable housing finance company had posted a net profit of ₹219 crore in the corresponding quarter […]

CW Bureau · Jul 31, 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 · Jul 27, 2026

BANKING & FINANCE Northern Arc Capital Q1 Profit Jumps 41% To ₹114 Cr On Loan Book Growth

Diversified financial services platform Northern Arc Capital Ltd reported a 41% year-on-year increase in its consolidated profit after tax (PAT) to ₹114 crore in the first quarter of FY27, driven by healthy growth in lending assets, higher net interest income and improving asset quality. The company’s net interest income (NII) rose 32% year-on-year to ₹394 […]

CW Bureau · Jul 27, 2026

BANKING & FINANCE Canara Bank Q1 Net Profit Rises 2.2% To ₹4,856 Cr; Asset Quality Improves

State-owned Canara Bank reported a 2.19% year-on-year increase in net profit to ₹4,856 crore for the quarter ended June 30, 2026, supported by steady business growth and continued improvement in asset quality. The bank’s operating profit rose marginally by 0.96% to ₹8,636 crore, while fee income increased 5.35% to ₹2,342 crore during the quarter. Business […]

CW Bureau · Jul 27, 2026

BANKING & FINANCE ICICI Bank Q1 Net Profit Rises 16% To ₹14,805 Cr; Provisions See Decline

ICICI Bank reported a 15.9% year-on-year increase in standalone profit after tax (PAT) to ₹14,805 crore for the first quarter of FY27, driven by healthy growth in net interest income, strong fee income and sustained expansion in its loan portfolio. The private sector lender had posted a net profit of ₹12,768 crore in the corresponding […]

CW Bureau · Jul 18, 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 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 · Jul 18, 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 · 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