HDFC Bank Q1 results: Net profit up 12.2% Y-o-Y

Despite a notable increase in provisions during the quarter and a modest increase in net interest income (NII) due to muted loan growth, HDFC Bank, the largest private sector lender in India, reported a 12.2% year-over-year (Y-o-Y) increase in net profit to Rs 18,155 crore in the April-June quarter of the financial year 2025-26 (Q1FY26). 

 During the quarter, the bank's partial disinvestment in HDB Financial Services, a subsidiary, contributed to the net profit. 

 The selling of HDB Financial's shares resulted in a net gain of Rs 6,949.27 crore for it. During the quarter, its provisions increased to Rs 14,441 crore, comprising Rs 1,700 crore in extra contingent provisions and Rs 9,000 crore in floating provisions.

"In a credit environment that is still benign, the bank's credit performance across all segments stays consistent. The bank said in its statement on Saturday that it has deemed this a good time to strengthen its floating provisions, which serve as a countercyclical buffer to strengthen the balance sheet and are not tailored to any particular portfolio or set of expected risks. 

 The lender's net interest margin (NII) increased 5.4% year over year to Rs 31,438 crore during this time. The core net interest margin was 3.35 percent on total assets, which indicates that assets are repricing more quickly than deposits, compared to 3.46 percent for the previous quarter, which concluded on March 31, 2025.

For the first quarter of FY26, its other revenue (non-interest revenue) was Rs 21,730 crore. Gross non-performing assets (NPAs) at the end of Q1FY26 were 1.4%, down from 1.3% in Q4FY25, indicating a slight decline in the bank's asset quality. 

 Likewise, its net non-performing assets (NPAs) were 0.47 percent. Retail loans grew by 8.1% year over year, while total advances by 6.7% year over year to Rs 26.53 trillion. Corporate and other wholesale loans rose 1.7%, while loans to small and mid-market businesses jumped 17.1%.

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Yes Bank Q1 Results: PAT jumps 59% YoY

 

Yes Bank on Saturday reported a 59% year-on-year (YoY) growth in its Q1FY26 standalone net profit at Rs 801 crore versus Rs 502 crore in the year-ago period.

The private lender earned an interest income of Rs 7,596 crore in the June quarter, which was down 1.6% from Rs 7,719 crore reported in the corresponding quarter of the last financial year.

Yes Bank reported its net interest income (NII) at Rs 2,371 crore in Q1FY26, up 5.7% YoY and 4.2% QoQ aided by reduction in cost of funds.

Meanwhile, net interest margin (NIM) for Q1FY26 stood at 2.5% trending upward YoY, supported by reduction in deposits made in lieu of PSL shortfall and SA rate cut reduction, partially offset by repricing impact, the bank's filing to the exchanges said.

Yes Bank paid Rs 5,224.41 crore in interests in the reported quarter versus Rs 5,475 crore in the year-ago period, down by 4.6%.

The profit after tax (PAT) rose over 8% on a sequential basis versus Rs 738 crore in the January-March quarter of FY25.

Non-Interest Income was reported at Rs 1,752 crore, up 46.1% YoY and 0.7% QoQ aided by treasury income.

The operating profit for Q1FY26 was at Rs 1,358 crore up 53.4% YoY and 3.3% QoQ while the operating costs stood at Rs 2,766 crore up 8.1% YoY and 2.4% QoQ.

CASA Ratio stood at 32.8% versus 30.8% in Q1FY25 up 200 bps. Retail CASA accounts opened were at 2,51,000 in Q1FY26.

GNPA ratio stood at 1.6% in Q1FY26 flat QoQ and down 10 bps YoY. NNPA ratio was reported at 0.3% in Q1FY26 flat QoQ and down 20 bps YoY.

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Punjab & Sind Bank Q1FY26 results: PAT up 48%

 

Due to a decrease in bad loans and an improvement in core revenue, the state-owned Punjab & Sind Bank announced on Saturday that its net profit for the first quarter of this fiscal year increased by 48% to Rs 269 crore. 

 In the same quarter of the prior fiscal year, the lender made a net profit of Rs 182 crore. According to a regulatory statement by Punjab & Sind Bank, the total income increased from Rs 2,846 crore in the same quarter of FY25 to Rs 3,379 crore in the June 2025 quarter. The bank's interest income increased to Rs 2,911 crore from Rs 2,652 crore during the FY25 June quarter.

The bank's operating profit grew to Rs 540 crore during that time, up from Rs 317 crore the previous year. Gross non-performing assets (NPAs) decreased from 4.72 percent of gross advances at the end of the June quarter to 3.34 percent at the end of the June quarter, indicating an improvement in the bank's asset quality. 

 By the end of June 2024, its gross advance had risen from Rs 87,738 crore to Rs 99,950 crore, a 14% increase. In a similar vein, net non-performing assets (NPAs), or bad loans, decreased to 0.91 percent from 1.59% during the same time last year. Nonetheless, compared to Rs 103 crore in the first quarter of last year, provisions and contingencies rose to Rs 217 crore.

In the same quarter last year, its provision coverage ratio (PCR) increased from 88% to 92%. According to the report, return on assets (ROA) increased by 17 basis points, from 0.5% in June 2024 to 0.67 percent in June 2025. 

 The bank's capital adequacy ratio increased from 17.3 percent in the same quarter of FY25 to 17.9 percent. By the end of June 2024, the entire business had grown by 11% to Rs 2,31,132 crore from Rs 2,08,331 crore.

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Central Bank of India Q1 Net profit surges 33%

State-owned Central Bank of India on Saturday posted a 33 per cent growth in net profit at Rs 1,169 crore during the first quarter of this financial year, aided by improvement in core income and decline in bad debts.

Gross non-performing assets (NPAs) decreased from 4.54% of gross advances at the end of the June quarter to 3.13 percent at the end of the June quarter, indicating an improvement in the bank's asset quality. 

 In the same quarter of the prior fiscal year, the Mumbai-based bank made a net profit of Rs 880 crore. According to a regulatory statement by the Central Bank of India, overall income increased from Rs 9,500 crore in the same quarter of FY25 to Rs 10,374 crore in the June quarter of 2025–2026.

Gross advance increased by 9.97 per cent to Rs 2,75,595 crore from Rs 2,50,615 crore at the end of June 2024.

Similarly, net NPAs, or bad loans, declined to 0.49 per cent, as against 0.73 per cent in the year-ago period.

The bank's operating profit grew to Rs 2,304 crore during the reviewed period from Rs 1,933 crore during the same quarter last year. 

 Gross non-performing assets (NPAs) decreased from 4.54% of gross advances at the end of the June quarter to 3.13 percent at the end of the June quarter, indicating an improvement in the bank's asset quality. 

 Consequently, compared to Rs 1,191 crore in the same period last year, provisions and contingencies decreased by half to Rs 521 crore in the first quarter. The Provision Coverage Ratio (PCR) increased by 85 basis points, from 96.17 percent to 97.02 percent.

Capital adequacy ratio of the bank rose to 17.6 per cent, from 15.6 per cent in the same quarter of FY25.

Total business grew by 10.84 per cent to Rs 7,04,485 crore from Rs 6,35,564 crore at the end of June 2024.

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Bank Association asks Officers to leave Branch by 6 PM

 

All members of the All India Punjab National Bank Officers' Federation (AIPNBOF) are required to leave their offices or branches by 6 PM. The general secretary of the AIPNBOF has requested that PNB staff only work eight hours a day. 

Options for loans The federation has reaffirmed the "Kewal 8 Ghante Kaam Ke" work guideline, which states that workers shouldn't be expected to work past their assigned shifts. 

 The general secretary of the AIPNBOF, Krishna Kumar, stated, "Comrades are asked to promptly bring the matter to my attention if any day-end check or official instruction is placed by circle authorities to work beyond this time."

The federation has made this decision in order to safeguard officers from undue work-related stress and to maintain a positive work-life balance. A Bank of Baroda chief manager recently killed himself as a result of intense work-related stress.

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Bank of Baroda Chief Manager Dies by Suicide Due to Work Pressure

 A horrible event occurred in Baramati, Pune, where 52-year-old Shivshankar Mitra, the branch manager of Bank of Baroda, committed suicide. At the Bank of Baroda branch on Bhigwan Road, he served as the Chief Manager. 

 Finally, the suicide note is delivered. To view the suicide note, please scroll down. The event took place on Thursday, July 17, late at night. Inside the bank's grounds, Shivshankar Mitra was discovered dead. He had gone so far as to hang himself from the limb itself. He was originally from Uttar Pradesh.

Shivshankar Mitra left behind a devastating letter outlining his reasoning for taking his own life. He wrote that the bank was putting a lot of pressure on him. 

 Five days prior, he had submitted a voluntary retirement request, citing his inability to cope with the mounting pressure and workload. However, it is thought that he felt helpless and took this extreme action because senior officials failed to respond. 

 He stated unequivocally in his letter:

“I, Shivshankar Mitra, Chief Manager, Bank of Baroda, Baramati, am committing suicide due to the additional pressure from the bank. Please do not put such pressure on other staff members. Everyone is doing their job with full dedication.”

He also expressed a noble wish — that his eyes be donated, if possible.

In his note, he also made it apparent that no one in his family was accountable and that he was acting alone and rationally. He requested that no one be held responsible for anything other than the stress he was experiencing at work. 

 He sent the following in a heartfelt letter to his family: 

“Priya, forgive me. Mahi, forgive me.”

(These are believed to be his wife and daughter.)

The cause of death has not yet been formally established by the authorities. Nonetheless, the circumstances and the note's contents suggest that work strain is the primary cause. This incident emphasizes how banking workers are experiencing increasing levels of mental stress and how their wellbeing needs to be given careful consideration.

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Bandhan Bank Q1 Net profit declines 65%

Bandhan Bank's Q1 FY26 net profit of Rs 372 crore was a 65 percent decrease from Q1 FY25's Rs 1,063 crore. 

 The bank's overall revenue for the quarter was Rs 6,201.49 crore, which was a slight increase over Q1 FY25's total of Rs 6,081.73 crore. 

 From Rs 2,987 crore in the same quarter last year, NII fell 8%. For the quarter, the Net Interest Margin (NIM) was 6.4%. 

 Operating profit amounted at Rs 1,668 crore, lower than Rs 1,941 crore in Q1 FY25. With Rs 1,147 crore set aside for provisions and contingencies in Q1 FY26—much more than the Rs 523 crore set aside in Q1 FY25—the bank's provisioning expenses remained high.

Regarding asset quality, the bank's gross non-performing asset (NPA) ratio increased from 4.2 percent in the same quarter of the previous year to 5.0 percent in Q1 FY26. 

 The net non-performing asset (NPA) increased from 1.1 percent in FY25 to 1.4 percent. As of June 30, 2025, Bandhan Bank's capital adequacy ratio was 19.4%, which was higher than the 11.5 percent legal threshold. The bank's return on assets (RoA) for the quarter was 0.20 percent, and its total assets were Rs 1,89,403 crore. Business-wise, deposits at Bandhan Bank increased by 16 percent year over year to Rs 1.55 lakh crore. Retail deposits (CASA plus retail term deposits) accounted for 68 percent of the total. The CASA ratio was 27.1% and the CASA deposits were Rs 41,858 crore.

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Indian Overseas Bank(IOB) Q1 Net profit jumps 76% YoY; asset quality and margins

 

Indian Overseas Bank, a state-run institution based in Chennai, announced a staggering 76 percent increase in net income for the June quarter at Rs 1,111.04 crore following a solid performance in all important metrics, particularly the asset quality side. 

According to a statement released by the management on Friday, the lender's total revenue increased 17% to Rs 8,866.47 crore, including other revenue of Rs 1,480.92 crore. 

The net interest margin was 3.04 percent, and the crucial net interest income increased by nearly 13 percent to Rs 2,746 crore. This resulted in an operational margin of 26.59 percent, up from 22.14 percent, and a net profit margin of 12.53 percent, up from 8.36 percent.

Regarding asset quality, the bank's non-performing assets showed a drop both annually and sequentially. Net NPAs decreased from Rs 1,153.51 crore to Rs 816.38 crore, while total NPAs decreased from Rs 6,648.71 crore to Rs 5,178.46 crore. Provisions and contingencies thus decreased from Rs 937.87 crore to Re 844.05 crore. 

 Gross non-performing assets (NPAs) decreased by 92 basis points on an annualized basis and 17 basis points on a sequential basis, from 2.89 to 1.97 in percentage terms. Likewise, net non-performing assets (NPAs) decreased from 0.51% to 0.32, or by 19 and 5 basis points, respectively. The provision coverage ratio increased to 97.47, a 51-bps improvement. Gross advances rose from Rs 2,30,092 crore to Rs 2,62,421 crore, a 14.05 percent increase.

The growth of deposits was 10.75%, rising by Rs 32,111 crore to Rs 3,30,792 crore. Gross advances rose 14.05% to Rs 2,62,421 crore, or Rs 32,329 crores. While the credit cost remained constant at 0.29%, the slippage ratio increased by 3 basis points to 0.10. From Rs 582 crore to Rs 851 crore, the bank recovered an additional Rs 269 crore.

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