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
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
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
South Indian Bank’s Advances Jump 17% In Q1 FY27, Deposits Up 11.39%
South Indian Bank has reported healthy business growth for the quarter ended June 30, 2026, with both its gross advances and deposits continuing to register double-digit growth, reflecting sustained momentum in its lending and deposit franchise. According to the bank’s provisional business update, gross advances increased 17.01% year-on-year to ₹1,04,366 crore, while total deposits rose 11.39% […]
CW Bureau
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Jul 1, 2026
BANKING & FINANCE
HDFC Bank Reports Steady Growth In Advances And Deposits In Q4 FY26
HDFC Bank, in its Q4 FY26 business update to stock exchanges, reported steady growth across key operational metrics, including advances and deposits, reflecting sustained momentum in its core business segments. Advances growth remains stable The bank’s average advances under management stood at ₹ 29,64,400 crore for the March 2026 quarter, registering a growth of around […]
CW Bureau
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Apr 4, 2026
BANKING & FINANCE
Kotak Mahindra Profit Rises 4% As Loan Growth Holds Strong
Kotak Mahindra Bank Q3FY26 results underline a familiar theme playing out across India’s private banking sector- steady balance sheet growth, improving asset quality, but sustained pressure on margins. The private lender reported a standalone profit after tax (PAT) of ₹3,446 crore, up 4% year-on-year, compared with ₹3,305 crore in Q3FY25. Total income increased to ₹16,741 […]
CW Bureau
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Jan 24, 2026