BANKING & FINANCE
Karur Vysya Bank Expects Its Credit Growth Above Industry Level In FY27
The Karur Vysya Bank Ltd expects its credit growth to outpace industry growth by 1-2% during FY27 despite global macroeconomic uncertainties, geopolitical tensions and pressure on margins. The bank expects slippages to remain below 1% of the asset book during FY27, while liquidity coverage ratio (LCR) is projected to remain in the range of 115-120%. […]
CW Bureau
·
May 13, 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
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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
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May 7, 2026
BANKING & FINANCE
Kotak Mahindra Bank Q4 Profit Rises 13% On Strong Income, Asset Quality
Kotak Mahindra Bank Ltd (KMBL) reported a 13% increase in standalone net profit at ₹4,027 crore for the March quarter, driven by higher interest income and improved asset quality. Net Interest Income rose 8% to ₹7,876 crore, while Net Interest Margin contracted to 4.67% from 4.97%. Cost of funds declined to 4.45% from 5.09%. Fee […]
CW Bureau
·
May 2, 2026
BANKING & FINANCE
Equitas SFB Reports Fivefold Rise In Q4 Profit; Asset Quality Improves
Equitas Small Finance Bank Ltd reported a fivefold increase in net profit at ₹213 crore for the March quarter of FY26 compared with the year-ago period, supported by strong growth and improved margins. Net interest margin rose to 7.29% from 7.13%, while cost-to-income ratio declined to 67.52% from 70.28%. Asset quality and capital position Gross […]
CW Bureau
·
Apr 30, 2026
BANKING & FINANCE
Can Fin Homes Q4 Net Profit Up 31% to ₹346 Cr, For FY26 ₹1,006 Cr
Can Fin Homes Ltd, a housing finance company promoted by Canara Bank, reported a 31% rise in net profit at ₹346 crore for the March quarter of FY26, supported by improvement in margins and steady growth in its loan book. Net interest margin (NIM) improved by 37 basis points to 4.19%. For the full year, […]
CW Bureau
·
Apr 25, 2026
BANKING & FINANCE
Union Bank Of India Reports 3.95% Rise In FY26 Net Profit At ₹18,697 Cr
Union Bank of India reported a 3.95% increase in net profit at ₹18,697 crore for the year ended March FY26, supported by improved asset quality and steady business growth. Interest income stood at ₹1,05,992 crore during the year. However, net interest income (NII) declined 1.49% to ₹36,659 crore, while net interest margin (NIM) contracted by […]
CW Bureau
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Apr 23, 2026
BANKING & FINANCE
LIC Housing Finance Net Profit Slips 3% Despite Higher Interest Income
LIC Housing Finance reported a 3% year-on-year decline in net profit to ₹1,384 crore for Q3FY26, compared with ₹1,432 crore in the corresponding quarter last year, impacted by higher provisioning even as core operating metrics remained stable. The company’s revenue from operations rose 2% to ₹7,187 crore from ₹7,057 crore a year ago. Net interest income […]
CW Bureau
·
Jan 31, 2026
BANKING & FINANCE
Equitas SF Bank Posts Strong Profit, Asset Quality Improves In Q3
Equitas Small Finance Bank reported a strong operating performance in the December quarter of FY26, with net profit rising 36% year-on-year to ₹90 crore, supported by margin expansion, lower credit costs and improving asset quality. Profit growth outpaced revenue expansion, highlighting improving operating leverage and balance sheet efficiency. Net interest margins expanded sharply by around […]
CW Bureau
·
Jan 29, 2026
