Banking Sector

State-run banks cautious; target modest 11-13% credit growth in FY26

Bankers said credit growth is expected to be sluggish in FY26 owing to weaker demand across unsecured loans, mortgages

SMBC to have two nominees on Yes Bank board: MD & CEO Prashant Kumar

Prashant Kumar tells why SMBC has become a strategic investor and the advantages arising from this for Yes Bank

NIM will be under pressure in first 2 quarters of FY26: Canara Bank MD, CEO

Corporate credit growth was around 10 per cent in FY25 and this year also we will maintain the same

Biz correspondents' body to raise Atal Yojana renewal commission with banks

BCRC may take up the issue with the Indian Banks' Association; in January, it had raised the matter with the insurance regulator

Canara Bank Q4FY results: Net profit rises 33% to Rs 5,004 crore

Canara Bank posted a 33 per cent YoY rise in Q4 net profit to Rs 5,004 crore as other income rose 22 per cent while margins came under pressure amid rate cut transmission

Surprise visit by DFS secretary M Nagaraju shows behavioural lapses at PSBs

He was made to wait for an hour to meet the manager in one bank, and in some other PSB branches, he found the behaviour of officials "unsatisfactory"

Our aspiration is to exit Q4FY26 with RoA of 1%: Yes Bank MD & CEO

Prashant Kumar discusses the Q4FY25 results and future strategy of the bank

RBI imposes penalty on ICICI, Axis, BoM, IDBI, BoB for violating norms

ICICI, Axis, Bank of Baroda, Bank of Maharashtra and IDBI Bank penalised by RBI for breaches including delayed reporting, excessive charges, and non-compliant operations

IOB net profit crosses Rs 1K-crore mark for first time; up 35% in Q4

Indian Overseas Bank reports record Q4 net profit of Rs 1,091.94 crore, plans Rs 4,000 crore capital raise in FY26 as asset quality and capital adequacy continue to improve

RBI working group recommends longer hours for interbank money markets

The Reserve Bank of India set up the group to study the changing needs of market participants

State-owned banks' credit share continues downward trend, albeit slower

PSBs' credit share fell by 4 per cent from FY21 to FY25, a slower rate of decline than the approximately 20 per cent between FY11 and FY21

After CEO exit, RBI okays IndusInd executives' panel to run the show

Analysts express reservation on appointment of a PSU banker as MD & CEO

Bandhan Bank Q4 results: Profit jumps 482% to ₹318 cr, revenue at ₹3,456 cr

Sequentially, net profit was down 25.4 per cent

Federal Bank Q4 results: Profit rises 12%, flags downward pressures on NIMs

Federal Bank's consolidated profit rose by 12.37 per cent to Rs 1,091 crore for the March quarter, helped by a jump in non-interest income. On a standalone basis, the private sector bank's Q4 net moved up to Rs 1,030 crore from Rs 906 crore in the year-ago period. The core net interest income grew 8 per cent to Rs 2,377 crore from Rs 2,195 crore, and was marginally down when compared with the quarter-ago period's Rs 2,431 crore. The non-interest income grew 33 per cent on-year to Rs 1,006 crore, the highest ever under the category achieved by the bank. The net interest margin narrowed to 3.12 per cent during the quarter from 3.21 per cent. Its chief executive and managing director K V S Manian said nearly half of the bank's book is linked to the external benchmark of repo rate, and automatically gets repriced with every cut in the policy rate by RBI. Speaking with reporters, he said the bank will deploy all efforts possible to protect the NIMs, but conceded that there are "downwa

Federal Bank Q4 results: Net profit up 14% to ₹1,030 cr, NIM at 3.12%

Sequentially, the profit was up by 8 per cent from Rs 955 crore in Q3FY25

Bandhan Bank Q4 results: Net profit jumps 5x to Rs 318 cr despite NII dip

Bandhan Bank on Wednesday reported a more than five-fold increase in its net profit for the quarter ended March 31, 2025, at Rs 318 crore, compared to Rs 55 crore in the year-ago period, driven by lower provisions despite a decline in net interest income. The lender's net revenue in Q4 FY25 stood at Rs 3,456 crore, marginally lower than Rs 3,560 crore in the corresponding quarter of the previous year. Net interest income (NII) dropped 4 per cent YoY to Rs 2,756 crore, while the net interest margin (NIM) contracted to 6.7 per cent, down 4 per cent. For the full financial year FY25, the bank's profit after tax rose 23 per cent to Rs 2,745 crore from Rs 2,230 crore in FY24. For FY25, Bandhan Bank's net revenue grew 16 per cent YoY to Rs 14,458 crore, while NII rose 11 per cent to Rs 11,491 crore. Operating profit was up 11 per cent at Rs 7,389 crore.

SBI ties up with Land Ports Authority for banking services in 26 locations

State Bank of India (SBI) on Tuesday signed a Memorandum of Understanding (MoU) with Land Ports Authority of India (LPAI) to strengthen banking services infrastructure across 26 land ports bordering neighbouring countries. LPAI currently operates 15 land ports across 8 border states adjoining Nepal, Bangladesh, Bhutan, and Myanmar, with 11 more ports sanctioned across states, including Uttar Pradesh, Bihar, Mizoram, Uttarakhand, and West Bengal. These land ports are handling trade volumes of Rs 70,952 crore, and total passenger movement through these transit points stood at 30.46 lakh as on 2023-24. Over a decade, the ports witnessed a 15-fold rise in trade and an 18-fold increase in passenger movement. Land ports currently handle Rs 71,000 crore in forex trade, and nearly 31 lakh people cross borders through these land ports annually. These land ports are going to play a very pivotal role in international trade, and SBI's presence at these sites will not only contribute towards .

Our asset growth may be around 25% this financial year: CSB Bank MD & CEO

Mondal talks about the Q4 results, outlook for FY26, and the new draft gold loan norms by the Reserve Bank of India

UCO Bank Q4 results: Profit rises 24% to Rs 665.7 cr, NPAs decline to 2.69%

UCO Bank on Monday reported a nearly 24 per cent year-on-year jump in consolidated net profit to Rs 665.72 crore for the quarter ended March. The state-owned lender's bottomline stood at Rs 537.86 crore in the corresponding quarter a year ago. Consolidated total income for the period under review was around Rs 8,136 crore, up from Rs 6,984 crore a year ago, it said. For the full year ended March 31, 2025, UCO Bank's consolidated net profit stood at Rs 2,468 crore compared to Rs 1,671 crore in the 2023-24 fiscal. The bank's asset quality improved, with gross non-performing assets (NPA) ratio declining to 2.69 per cent as of March 31 from 3.46 per cent a year ago, while the net NPA ratio fell to 0.50 per cent from 0.89 per cent. The provision coverage ratio stood at 96.69 per cent. The lender's total business rose 14.12 per cent year-on-year to Rs 5,13,527 crore as of March, driven by a 17.72 per cent growth in gross advances to Rs 2,19,985 crore and an 11.56-per cent increase in to

RBL Bank's Q4 FY25 results: Net profit declines 81% to Rs 69 crore

Margin pressure, micro-finance loan write-offs dent bottom line