The public sector and private sector banks have released the financial results for Q3FY26.
| Bank | Results |
|---|---|
| Bank of India (BoI) | Click Here |
| Punjab & Sind Bank | Click Here |
| Central Bank of India | Click Here |
| Union Bank of India | Click Here |
| Indian Overseas Bank | Click Here |
| Bank of Maharashtra | Click Here |
| State Bank of India (SBI) | Click Here |
| Punjab National Bank (PNB) | Click Here |
| Bank of Baroda (BoB) | Click Here |
| Canara Bank | Click Here |
| Indian Bank | Click Here |
| UCO Bank | Click Here |
company's interest income rose 11% to Rs.10,417 crore for the October to December quarter of the fiscal year ending 2025-26, compared to Rs.9,343 crore in the same period a year ago.IDFC First Bank's income from other operations witnessed a 19% increase to Rs.2,125 crore in the third quarter, compared to Rs.1,779 crore in the same period a year ago.
The institutional lender's total expenses for the October to December quarter witnessed a 12% rise to Rs.10,508 crore, compared to Rs.9,363 crore in the same period of the previous financial year, according to the standalone statements.IDFC First Bank's non-performing assets portion witnessed a 25 basis point fall to 1.69% in the October to December quarter, compared to 1.94% of the same period of the previous financial year, according to the company's stock exchange filings.
Although the overall gross NPA dropped, the net NPA rose 1 basis point to 0.53%, compared to 0.52% in the same period of the previous quarter, the filings showed.The company's retail banking segment, along with the wholesale banking and treasury operations, contributed the most to the rising income for the quarter.
The private sector bank's Net Interest Income (NII) for Q3FY26 was Rs.14,287 crore, reflecting a 5% year-on-year (YoY) increase and a 4% quarter-on-quarter (QoQ) rise, while its Net Interest Margin (NIM) for Q3FY26 was recorded at 3.64%.
In Q3FY26, the private bank generated an interest income of Rs.32,274 crore, which is 4.3% higher than the Rs.30,954 crore reported in the corresponding period of the previous financial year.
The company's profit after tax (PAT) experienced a 27% growth on a sequential basis, increasing from Rs.5,090 crore in Q2FY26.
Net Interest Income for the first nine months of FY26 reached Rs.41,591 crores, reflecting a 3% increase compared to the previous year. Fee income increased by 11% year-over-year to Rs.17,883 crores.
The operating profit for the first nine months of FY26 rose by 5% to Rs.32,803 crores, up from Rs.31,353 crores in the same period of FY25. Core operating profit also saw a 5% growth to Rs.30,824 crores, compared to Rs.29,341 crores in FY25.
Total provisions for the first nine months of FY26 amounted to Rs.9,741 crores. Net profit for FY26's first nine months was Rs.17,385 crores, representing a 10% decline from the previous year.
Net interest income — the difference between interest earned on advances and interest paid on deposits — climbed 3% quarter on quarter but fell 13% year-on-year to Rs 4,562 crore.
Rajiv Anand, the MD and CEO, IndusInd Bank said: "During Q3FY26, the Bank continued focus on optimisation of its balance sheet by letting go unprofitable loans and deposits along with being cautious on microfinance disbursements. The operating performance was steady with Pre-Provision Operating Profit at Rs 2,270 crore growing 11% QoQ. Our asset quality trends have been stable in all core businesses except in microfinance wherein industry is now showing early signs of recovery. Overall, the Bank has returned to profitability with a Profit After Tax of Rs 128 crore. The Balance sheet remains robust with a healthy capital adequacy, excess liquidity and reducing stressed asset pool. We are optimistic about resilient domestic economy and aim to participate in the growth recovery in a calibrated manner."
"The Provision Coverage Ratio improved at 71.5% as on December 31, 2025. Provisions and contingencies for the quarter ended December 31, 2025, were Rs 2,096 crores as compared to Rs 1,744 crores for the corresponding quarter of previous year. Total loan related provisions as on December 31, 2025, were at Rs 10,027 crore (3.16% of loan book)," said the lender in a stock exchange filing.
The lender's net interest margin was 3.52% in Q3FY26 as against 3.32% a quarter ago.Earlier in the day, the lender said its chairman Sunil Mehta will step down when his term ends in January, and named former State Bank of India Managing Director Arijit Basu as his successor.
For the quarter ended December, IndusInd's provisions and contingencies fell 20% from the previous quarter to Rs 2,089 crore. In the September quarter, the bank raised provisions for its microloan portfolio, resulting in a loss of Rs 445 crore.
The bank's loan book shrank 13.1% as of December-end from a year earlier, while deposits declined 3.8%, it said earlier this month.The bank has seen its top leadership change over the last year, amid concerns over governance and accounting lapses, which led to the exit of former CEO Sumant Kathpalia and Deputy CEO Arun Khurana.
IndusInd took a Rs 2,100-crore hit to its accounts and posted its largest-ever loss in the March quarter. It swung back to profitability in the June quarter, and veteran banker Rajiv Anand assumed charge as chief executive at the end of August.
The bank missed analyst estimates, as the analysts had expected a profit of 35.72 billion rupees, according to data compiled by LSEG.Total income rose to Rs 16,741 crore during the quarter under review from Rs 16,050 crore in the same period last year, Kotak Mahindra Bank said in an exchange filing.
The bank's interest income also grew to Rs 13,903 crore, as against Rs 13,428 crore a year ago.Net Interest Income (NII) in Q3FY26 increased to Rs 7,565 crore from Rs 7,196 crore a year ago.However, Net Interest Margin (NIM) declined to 4.54 per cent from 4.93 per cent in the third quarter of the previous financial year.
As regards asset quality, gross non-performing asset (NPA) ratio moderated to 1.30 per cent as on December 31, 2025, from 1.50 per cent a year ago. Net NPA also eased to 0.31 per cent from 0.41 per cent at the end of December 2024.owever, provisions rose to Rs 810 crore in the December quarter from Rs 794 crore in the same quarter of the last fiscal year.
During the quarter, the bank's capital adequacy ratio moderated a bit to 22.63 per cent, as compared to 22.79 per cent at the end of December 2024.On the consolidated basis, Kotak Mahindra Bank profit rose by 5 per cent to Rs 4,924 crore as compared to Rs 4,701 per cent in Q3-FY2025.
Q3FY26 consolidated profit includes estimated incremental cost of Rs 98 crore (post tax) pursuant to new Labour Code.Total Customer Assets Under Management as at December 31, 2025 grew to Rs 7,87,950 crore from Rs 6,85,134 crore a year ago.
Net non-performing assets (NPA) of IDBI Bank decreased to ₹425.3 crore from ₹474.2 crore in the preceding quarter.Its net non-performing assets (NPA) margin decreased from 0.21% in the preceding quarter to 0.18%.
Its gross non-performing assets (NPA) rose to ₹6,281 crore from ₹6,242 crore during the second quarter. The gross non-performing asset (NPA) of the lender decreased sequentially from 2.65% to 2.57%.
For the quarter ending December 31, 2025 (Q3 FY26), the nation's second-largest private sector lender reported a standalone net profit of Rs 11,317.9 crore, up from Rs 11,792.4 crore in the same quarter the previous year.
Net interest margin was 4.30 percent in Q3 FY26, up from 4.25 percent in the same period last year and 4.30 percent in Q2 FY26, while net interest income (NII) grew 7.7 percent year over year to Rs 21,932 crore from Rs 20,371 crore in Q3 FY25.
Operating expenses rose 13.2 percent year-on-year to Rs 11,944 crore from Rs 10,552 crore. The bank said this included Rs 145 crore of provisions on an estimated basis pursuant to the new Labour Codes. Treasury movements also weighed on the quarter, with the bank reporting a treasury loss of Rs 157 crore, compared with a gain of Rs 371 crore in Q3 FY25.
Core operating profit grew 6.0 percent year-on-year to Rs 17,513 crore in Q3 FY26, reflecting steady growth in net interest income and fee income.
Asset quality improved slightly, with the gross NPA ratio at 1.53 percent as of December 31, 2025, compared with 1.58 percent at September 30, 2025 and 1.96 percent a year earlier. The Gross NPAs fell to Rs 23,758 crore from Rs 27,745 crore a year ago.
The net NPA ratio stood at 0.37 percent at December 31, 2025, versus 0.39 percent at September 30, 2025 and 0.42 percent at December 31, 2024.
Provisions (excluding provision for tax) rose to Rs 2,556 crore in Q3 FY26 from Rs 1,227 crore in Q3 FY25. The bank said this included an additional standard asset provision of Rs 1,283 crore, made pursuant to the Reserve Bank of India’s annual supervisory review, in respect of a portfolio of agricultural priority sector credit facilities where the terms were found not to be fully compliant with regulatory requirements for classification as agricultural priority sector lending.
The domestic loan portfolio grew 11.5 percent year-on-year to Rs 14.31 lakh crore at December 31, 2025. Including profits for the nine months ended December 31, 2025, the bank said total capital adequacy ratio was 17.34 percent and CET-1 ratio was 16.46 percent on a standalone basis at December 31, 2025.
For the quarter ending December 31, 2025, the nation's biggest private sector lender reported a profit after tax of Rs 18,654 crore, up from Rs 16,736 crore during the same period the previous year. The core income parameter of HDFC Bank, net interest income (NII), rose 6.4% to Rs 32,620 crore in Q3 FY26 from Rs 30,650 crore in the same quarter last year. During the quarter, the core net interest margin was 3.51 percent on interest-earning assets and 3.35 percent on total assets.
Throughout the period, asset quality did not change. As of December 31, 2025, gross non-performing assets (GNPA) was Rs 35,179 crore, up from Rs 36,019 crore the previous year.
From 1.42 percent during the same time last year, the gross non-performing asset (NPA) ratio decreased to 1.24 percent. The net NPA ratio decreased to 0.42 percent from 0.46 percent, while net NPAs fell to Rs 11,982 crore from Rs 11,588 crore in the previous year.
The quarter's operating costs came to Rs 18,770 crore. Operating costs were Rs 17,970 crore, up from Rs 17,110 crore during the same period last year, excluding a projected Rs 800 crore impact from employee benefits under the New Labour Code. During the quarter, the bank's core cost-to-income ratio was 39.2%.
For the quarter, provisions and contingencies were Rs 2,840 crore, a decrease of more than 10% from the same period last year. The release of Rs 1,040 crore in contingent provisions, which were mostly connected to a sizable borrower group fulfilling certain requirements, assisted with this. The December quarter's overall credit cost ratio, excluding this release, was 0.55 percent.
On the balance sheet, HDFC Bank’s total size expanded to Rs 40.89 lakh crore as of December 31, 2025, compared with Rs 37.59 lakh crore a year earlier. End-of-period deposits stood at Rs 28.6 lakh crore, up 11.6 percent from a year earlier. CASA deposits increased 10.1 percent to Rs 9.61 lakh crore, comprising 33.6 percent of total deposits. Time deposits grew 12.3 percent year-on-year to Rs 18.99 lakh crore.
Gross advances as of December 31, 2025 were Rs 28.45 lakh crore, reflecting an 11.9 percent year-on-year increase. Advances under management grew 9.8 percent over the previous year, with retail loans rising 6.9 percent, small and mid-market enterprise loans growing 17.2 percent, and corporate and other wholesale loans increasing 10.3 percent. Overseas advances accounted for 1.7 percent of total advances.
The bank’s capital position remained strong, with the total capital adequacy ratio at 19.9 percent under Basel III norms, well above the regulatory requirement of 11.9 percent. Tier-1 capital adequacy stood at 17.8 percent, while the common equity Tier-1 ratio was 17.4 percent.
The public sector and private sector banks have released the financial results for Q2FY26.
| Bank | Results |
|---|---|
| Bank of India(BoI) | Click Here |
| Punjab & Sind Bank | Click Here |
| Central Bank of India | Click Here |
| Union Bank of India | Click Here |
| Indian Overseas Bank | Click Here |
| Bank of Maharashtra | Click Here |
| State Bank of India(SBI) | Click Here |
| Punjab National Bank(PNB) | Click Here |
| Bank of Baroda(BoB) | Click Here |
| Canara Bank | Click Here |
| Indian Bank | Click Here |
| UCO Bank | Click Here |
Net Interest Income (NII) for Q2FY26 increased to Rs 7,311 crore, up 4 percent YoY from Rs 7,020 crore in Q2FY25. Net Interest Margin (NIM) was 4.54 percent for Q2FY26. Cost of funds was 4.70 percent for Q2FY26.
Net Advances increased 16 percent YoY to Rs 462,688 crore as at September 30, 2025 from Rs 399,522 crore as at September 30, 2024.
As at September 30, 2025, GNPA was 1.39 percent and NNPA was 0.32 percent (GNPA was 1.49 percent and NNPA was 0.43 percent at September 30, 2024). As at September 30, 2025, Provision Coverage Ratio stood at 77 percent.
