BANKING & FINANCE
CSB Bank’s Diversification Strategy Eyes Balanced Loan Book By 2030
Private sector lender CSB Bank is accelerating its transformation into a diversified, pan-India bank by expanding its retail, wholesale and MSME portfolios, while gold loans will continue to remain a key pillar providing stability and liquidity. The Kerala-headquartered bank is investing heavily in technology and distribution under its long-term SBS 2030 strategy. In his message […]
Sajan C Kumar
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Jul 28, 2026
BANKING & FINANCE
IDFC FIRST Bank Q1 Profit Rises 132% To Record ₹1,075 Cr, Bad Loans Drop
IDFC FIRST Bank delivered its strongest quarterly performance to date, reporting a record profit after tax (PAT) of ₹1,075 crore for the first quarter of FY27, more than doubling from ₹463 crore in the corresponding quarter last year, driven by improved margins, healthier asset quality and robust business growth. The bank’s net interest margin (NIM) […]
CW Bureau
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Jul 25, 2026
BANKING & FINANCE
Indian Overseas Bank Q1 Profit Rises 49% To ₹1,659 Cr; Bad Loans Decline
State-owned Indian Overseas Bank (IOB) reported a robust 49.32% year-on-year rise in net profit to ₹1,659 crore for the first quarter ended June 30, 2026, driven by strong growth in net interest income, healthy credit expansion and a sharp improvement in asset quality. The Chennai-headquartered lender’s operating profit increased 14.21% to ₹2,693 crore, while net […]
CW Bureau
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Jul 20, 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
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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
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Jul 18, 2026
BANKING & FINANCE
Axis Bank Q1 Profit Up 23% To ₹7,114 Cr On Strong Income, Asset Quality
Private sector lender Axis Bank reported a 23% year-on-year increase in net profit to ₹7,114 crore for the first quarter of FY27, driven by healthy growth in core income, improved operating efficiency and stable asset quality. The bank had posted a net profit of ₹5,806 crore in the corresponding quarter of the previous financial year. […]
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
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
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Jul 17, 2026
BANKING & FINANCE
Repco Home Finance Q4 Profit Rises To ₹129 Cr; Asset Quality Improves
Repco Home Finance Ltd, a housing finance company focused on retail home loans, reported a standalone net profit of ₹129 crore for the March quarter, up ₹4 crore over the corresponding period last year on improved income and asset quality. Loan sanctions registered a 25% increase at ₹1,320 crore, while loan disbursements grew 22% to […]
CW Bureau
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May 22, 2026
