Indian banking sector FY26

BANKING & FINANCE Indian Overseas Bank Profit Up 43% On Income Rise, Lower Credit Costs

Public sector lender Indian Overseas Bank (IOB) reported a sharp 43.2% year-on-year jump in net profit to ₹1,505 crore for the March quarter, compared to ₹1,051 crore in the same period last year. The earnings surge reflects a combination of steady income growth, lower credit costs, and continued gains in asset quality. Net Interest Income […]

CW Bureau · Apr 29, 2026

BANKING & FINANCE Retail Deposits Rise 30% As Bandhan Bank Reduces Bulk Exposure In Q4

Bandhan Bank’s business update for the March quarter of FY26 points to a calibrated growth trajectory, marked by steady advances expansion and a clear shift towards granular, retail-led deposits, even as CASA ratios remain under pressure. Credit growth remains steady The bank’s advances portfolio rose 12.6% year-on-year to ₹1,54,235 crore, compared with ₹1,36,995 crore in […]

CW Bureau · Apr 4, 2026