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
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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
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Jul 27, 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
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Jul 10, 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
