Yes Bank’s Q2 standalone profit rose 18.3% to Rs 654 crore, driven by a 4.6% increase in net interest income. Asset quality remained stable, with gross NPA at 1.6% and net NPA at 0.3%.
Punjab National Bank (PNB) has reported a 14% year-on-year rise in its Q2 net profit, driven by improved asset quality and a surge in provisions. The bank’s gross non-performing asset ratio improved to 3.45% from 3.78% in the prior quarter.
Ultratech Cement posts 75% year-on-year surge in net profit, driven by robust demand and margin expansion. Get the latest updates on the company’s Q2 performance.
IDBI Bank’s Q2 results show a significant 98% year-on-year increase in net profit, reaching Rs 3,627 crore, along with improvements in asset quality. Find out more about the key highlights and what this means for investors.
ICICI Bank reported a 5% year-on-year rise in net profit for the September quarter to Rs 12,359 crore, with net interest income increasing 7% to Rs 21,529 crore. Get the latest updates on the Indian banking sector and stock market news.
IndusInd Bank reported a net loss of Rs 436 crore for the September quarter, primarily due to a 50% rise in provisions. Here’s a detailed analysis of the bank’s performance and what it means for investors.
Federal Bank reported a 9.6% fall in net profit for the September quarter due to higher provisioning expenses, despite improvement in key asset quality ratios.
IDFC First Bank Ltd.’s net profit for the second quarter of FY26 surged 75.5% year-on-year to Rs 352 crore, driven by a 7% increase in Net Interest Income (NII) to Rs 5,113 crore.
In a significant development, Dubai’s state-owned lender Emirates NBD is set to acquire a 60% stake in RBL Bank for Rs 26,853 crore, marking one of the largest investments in the Indian banking sector.
RBL Bank’s Q2 results show a 20% decline in net profit and a 4% fall in NII. The bank is set to sell a majority stake to Dubai-based lender Emirates NBD, with a fund infusion of up to Rs 26,853 crore.