The bank declared net profit of Rs 275 crore for the September 2023 quarter compared to Rs. 223 crore in ...More

The bank declared net profit of Rs 275 crore for the September 2023 quarter compared to Rs. 223 crore in the same period a year ago. The bank’s stock closed 1.35 percent higher on Thursday to close at Rs 26.35 a share. Net interest margin or NIM, a measure of profitability from interest income from loans and mortgages improved by 35 bps from 2.98% to 3.33% on a year-on-year basis. ...Less

Net NPAs eased to 3.16 per cent over 3.27 per cent on a sequential basis. ...More

Net NPAs eased to 3.16 per cent over 3.27 per cent on a sequential basis. ...Less

Shares of Federal Bank, DCB Bank, and South Indian Bank surged up to 16.5% on Monday after the lenders an ...More

Shares of Federal Bank, DCB Bank, and South Indian Bank surged up to 16.5% on Monday after the lenders announced their Q2 FY26 results. Federal Bank’s profit dipped 9.6% YoY but hit record NII and fee income, while DCB Bank posted an 18.3% rise in profit backed by better margins and asset quality. South Indian Bank’s profit grew 8.2% despite a fall in NII, supported by higher other income and improved NPAs. ...Less