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State Bank of India 04 Nov 2025 14:18 PM

Q2FY26 Quarterly Result Announced for State Bank of India

State Bank of India announced Q2FY26 results

Financial Highlights:

  • Business crossed Rs 100 Trillion and RAM Portfolio crossed Rs 25 Trillion
  • Net Profit for Q2FY26 stands at Rs 20,160 crore witnessing a growth of 9.97% YoY.
  • Operating Profit for Q2FY26 up by 8.91% YoY to Rs 31,904 crore.
  • Bank’s ROA and ROE for the half year stand at 1.15% and 20.21% respectively
  • Net Interest Income (NII) for Q2FY26 increased by 3.28% YoY.
  • Whole Bank and Domestic NIM for the half year stand at 2.93% and 3.05% respectively.
  • Whole Bank NIM for Q2FY26 is at 2.97% and Domestic NIM is at 3.09%.
  • Whole Bank Advances growth at 12.73% YoY with Domestic Advances growth at 12.32% YoY.
  • Foreign Offices’ Advances grew by 15.04% YoY.
  • Retail Advances grew by 15.09% YoY, led by SME Advances growth at 18.78% YoY followed by Agri Advances growth at 14.23% YoY and Retail Personal Advances growth at 14.09%.
  • Corporate Advances registered YoY growth of 7.10%.
  • Whole Bank Deposits grew by 9.27% YoY. CASA Deposit grew by 8.06% YoY. CASA ratio stands at 39.63% as on 30 th September 25.
  • Gross NPA ratio at 1.73% improved by 40 bps YoY.
  • Net NPA ratio at 0.42% improved by 11 bps YoY.
  • Provision Coverage Ratio (PCR) improved by 13 bps YoY and stands at 75.79% while PCR (incl. AUCA) improved by 8 bps and stands at 92.29%.
  • Slippage Ratio for H1FY26 improved by 8 bps YoY and stands at 0.60%. Slippage Ratio for Q2FY26 improved by 6 bps YoY and stands at 0.45%
  • Credit Cost for Q2FY26 stands at 0.39%.
  • Capital Adequacy Ratio (CAR) as at the end of Q2FY26 stands at 14.62%.

Result PDF

Bank of Baroda announced Q2FY26 results

  • Net Profit for Q2FY26 stands at Rs 4,809 crore and it stands at Rs 9,351 crore for H1FY26.
  • Net Interest Income for Q2FY26 stands at Rs 11,954 crore ( 2.7% YoY) and at Rs 23,388 crore for H1FY26.
  • Non-Interest Income for Q2FY26 stands at Rs 3,515 crore. Non-Interest Income for H1FY26 grew by 7.0% YoY and stands at Rs 8,189 crore.
  • Global Net Interest Margin (NIM) for Q2FY26 improves by 5 bps sequentially and stands at 2.96%. It stands at 2.93% for H1FY26.
  • Domestic Net Interest Margin (NIM) stands at 3.10% for the quarter, an improvement of 4 bps QoQ. It stands at 3.08% for H1FY26.
  • Operating Profit for the quarter stands at Rs 7,576 crore and at Rs 15,812 crore for H1FY26.
  • Return on Assets (ROA) remains consistently above 1 % and stands at 1.07% for Q2FY26 and 1.04% for H1FY26.
  • Return on Equity (ROE) stands at 15.37% for Q2FY26 and at 14.95% for H1FY26.
  • Asset Quality:
    • Gross NPA Ratio improved to 2.16% in Q2FY26 from 2.50% in Q2FY25.
    • The Net NPA Ratio of the Bank reduced by 3 bps YoY and stands at 0.57% in Q2FY26.
    • BOB's balance sheet remains robust with healthy Provision Coverage Ratio (PCR) of 93.21% with TWO & at 74.13% without TWO.
    • Slippage ratio for Q2FY26 declined by 16 bps YoY and 25 bps QoQ to 0.91 %. It stands at 0.90% for H1FY26.
    • Credit cost remains below 0.75% at 0.29% for Q2FY26 and 0.42% for H1FY26.
  • Capital Adequacy:
    • CRAR of the Bank_stands at 16.54% in Sep'25. Tier-I stood at 14.15% (CET-1 at 13.36%, AT1 at 0.79%) and Tier-II stood at 2.39% as of Sep'25.
    • The CRAR and CET-1 of consolidated entity stands at 16.97% and 13.88% respectively.
    • The liquidity Coverage Ratio (LCR) consolidated stands at 121% (approx).
  • Domestic Advances of the Bank increased to Rs 10,46,506 crore, 11.5% YoY.
  • Global Advances of the Bank increased to Rs 12,78,847 crore, 11.9% YoY.
  • Domestic Deposits increased by 9.7% YoY to Rs 12,71,992 crore in Sep'25.
  • Global Deposits increased by 9.3% YoY to Rs 15,00,012 crore.
  • Domestic CASA deposits registered a growth of 6.6% YoY and stands at Rs 4,88,660 crore as of 30 th September 2025.
  • International Deposits grew by 7.2% on a YoY basis to Rs 2,28,020 crore in Sep'25.
  • Organic Retail Advances grew by 17.6%, led by strong growth across segments such as Mortgage Loan (19.8%), Auto Loan (17.7%), Home Loan (16.5%), Education Loan (14.0%) and Personal Loan (18.6%) on a YoY basis.
  • Agriculture loan portfolio grew by 17.4% YoY to Rs 1,69,703 crore.
  • Organic MSME portfolio grew by 13.9% YoY to Rs 1,44,401 crore.
  • Corporate advances registered a growth of 3.0% YoY and stands at Rs 4,00,682 crore.

Result PDF

Canara Bank announced Q2FY26 results

  • Global Business increased by 13.55% (YoY) to Rs 26,78,963 crore as at September 2025, Global Deposits increased by 13.40% (YoY) to Rs 15,27,922 crore and Global Advance (gross) increased by 13.74% (YoY) to Rs 11,51,041 crore.
  • Domestic Deposit of the Bank stood at Rs 13,94,999 crore as at September 2025 with growth of 12.62% (YoY).
  • Domestic Advances(gross) of the Bank stood at Rs 10,81,428 crore as at September 2025 grew by 13.34% (YoY).
  • RAM credit increased by 16.94% (YoY) to Rs 6,71,141 crore.
  • Retail lending Portfolio increased to Rs 2,51,190 crore i.e., grew by 29.11% (YoY).
  • Housing Loan Portfolio increased by 15.25% (YoY) to Rs 1,14,615 crore.
  • Asset Quality:
    • Gross Non-Performing Assets (GNPA) ratio improved at 2.35% as at Sept 2025 down from 2.69% as at June 2025 and 3.73% as at Sept 2024.
    • Net Non-Performing Assets (NNPA) ratio improved to 0.54% as at Sept 2025 down from 0.63% as at June 2025 and 0.99% as at Sept 2024.
    • Provision Coverage Ratio (PCR) stood to 93.59% as at Sept 2025 against 93.17% as at June 2025, and 90.89% as at Sept 2024.
  • Capital Adequacy: CRAR stood at 16.20% as at Sept 2025. Out of which CET1 is 12.21%, Tier-I is 14.28% and Tier-II is 1.92%.
  • Priority Sector & Financial Inclusion:
    • The Bank has achieved Targets in Priority Sector at 44.56% and Agricultural croreedit at 21.44% of ANBC as at Sept 2025, as against the norm of 40% and 18% respectively.
    • croreedit to Small and Marginal Farmers stood at 14.38% of ANBC, against the norm of 10.00%.
    • croreedit to Weaker Sections stood at 20.14% of ANBC, against the norm of 12.00%.
    • croreedit to Micro Enterprises stood at 9.98% of ANBC, against the norm of 7.50%.
    • croreedit to Non-Corporate Farmers stood at 17.12% of ANBC, against the norm of 14.00%.
  • Network: As on 30.09.2025, the Bank has 9,948 Number of Branches, out of which 3,165 are Rural, 2954 Semi Urban,1,957 Urban & 1,872 Metro along with 7,405 ATMs. Bank is also having 4 Overseas Branches in London, New York, Dubai & IBU Gift City.

Result PDF

IDFC First Bank announced Q2FY26 results

Q2FY26 Financial Highlights:

  • Total customer business stood at Rs 5,35,673 crore, which represents a 21.6 percent increase YoY.
  • Loans and Advances: Rs 2,66,579 crore, reflecting a 19.7 percent growth YoY.
  • Gross NPA: 1.86 percent, showing a decrease of 6 basis points YoY.
  • Net NPA: 0.52 percent, showing an increase of 4 basis points YoY.
  • Customer Deposits: Rs 2,69,094 crore, which is a 23.4 percent increase YoY.
  • CASA Deposits: Rs 1,38,583 crore, showing a 26.8 percent growth YoY.
  • CASA Ratio: 50.07 percent, which is an improvement of 119 basis points YoY.
  • Net Interest Margin (NIM): 5.59 percent, which is a decline of 59 basis points YoY.
  • Core Operating Profit: Rs 1,825 crore, showing a decline of 1.7 percent YoY.
  • Net Profit: Rs 352 crore, representing a growth of 75.6 percent YoY.
  • Capital adequacy ratio stood at 14.34 percent, indicating a decrease of 202 basis points YoY.

V Vaidyanathan, MD and CEO said “The stress in the MFI business was an MFI industry issue and looks like it is behind us. Other than MFI, the asset quality of the Bank has always been stable for over a decade through cycles and continues to be so with Gross NPA at 1.86% and Net NPA at 0.52% as of 30th September 2025. On cost of funds, we expect it to drop from here on. The bank is witnessing improving operating leverage. For instance, in FY25, total Business, i.e. loans and customer deposits, grew by 22.7% YoY, against increase in Opex of 16.5% YoY. Following on, in H1FY26, total Business grew by 21.6% YoY, against Opex increase of 11.8% YoY. We hope to sustain this trend.”

Result PDF

Federal Bank announced Q2FY26 results

Q2FY26 Financial Highlights:

  • Record NII at Rs 2,495 crore, reflecting stable margins.
  • Highest-ever fee income at Rs 886 crore, underscoring continued momentum in non-interest revenue streams.
  • CASA ratio improved to 31%, up 94 bps YoY; CASA deposits grew 10.7% YoY to Rs 89,591 crore.
  • Operating profit stood at Rs 1,644.2 crore, up 5.7% QoQ.
  • Net profit rose 10.9% QoQ to Rs 955.3 crore, driven by robust operating income and efficient cost management.
  • ROA at 1.1% and ROE at 11%, maintaining healthy profitability metrics.
  • Net Interest Margin improved 12 bps QoQ to 3.1%.
  • Total deposits increased 7.4% YoY, while net advances grew 6.2% YoY, reflecting balanced franchise growth.
  • Asset quality remained among the best in the decade with GNPA at 1.8% and NNPA at 0.5%.
  • CRAR stood strong at 15.7%, ensuring a comfortable capital position.
  • Provision Coverage Ratio remained robust at 73.5%.
  • Total Business of the Bank reached Rs 533,576.6 crore registering a growth of 6.8% YoY.
  • On the Asset side, Net advances increased from Rs 2,30,312 crore as on September 30, 2024 to Rs 2,44,657 on September 30, 2025, a growth of over 6.2% YoY.
  • The Bank registered Operating Profit of Rs 1,644.2 crore and Net Profit of Rs 955.3 crore for the quarter ended September 30, 2025.

KVS Manian, Managing Director & CEO said: “Having spent over a year in this role, I have a deep sense of conviction about where the Bank stands today and the direction we’re headed. Over the past few quarters, we’ve undertaken several strategic reorientations to strengthen our foundation and build for the future — and the results are beginning to show.

Our CASA franchise continues to demonstrate sustained and meaningful growth, reflecting the trust of our customers and the consistency of our team’s execution. We’re also broadening our asset mix thoughtfully, increasing the share of our mid-yield portfolio in a measured and disciplined way. At the same time, our fee income has seen strong, double-digit sequential growth, underscoring the breadth and resilience of our earnings.

Our asset quality remains solid, supported by prudent risk management and a balanced approach to growth. As we look ahead, we’re shaping an organisation that’s agile in its thinking, disciplined in its actions, and firmly anchored in the stability and values that define Federal Bank."

Result PDF

ICICI Bank announced Q2FY26 results

Q2FY26 Financial Highlights:

  • Profit before tax excluding treasury grew by 9.1% year-on-year to Rs 16,164 crore (US$ 1.8 billion) in the quarter ended September 30, 2025 (Q2FY26)
  • Core operating profit grew by 6.5% year-on-year to Rs 17,078 crore (US$ 1.9 billion) in Q2FY26
  • Profit after tax grew by 5.2% year-on-year to Rs 12,359 crore (US$ 1.4 billion) in Q2FY26
  • Average deposits grew by 9.1% year-on-year to Rs 15,57,449 crore (US$ 175.4 billion) in Q2FY26
    • Average current account and savings account (CASA) ratio was 39.2% in Q2FY26
  • Total period-end deposits grew by 7.7% year-on-year to Rs 16,12,825 crore (US$ 181.6 billion) at September 30, 2025
  • Domestic loan portfolio grew by 10.6% year-on-year to Rs 13,75,260 crore (US$ 154.9 billion) at September 30, 2025
  • Net NPA ratio was 0.39% at September 30, 2025
  • Including profits for the six months ended September 30, 2025 (H1-2026), total capital adequacy ratio was 17.00% and CET-1 ratio was 16.35%, on a standalone basis, at September 30, 2025
  • The consolidated profit after tax increased by 3.2% year-on-year to Rs 13,357 crore (US$ 1.5 billion) in Q2FY26 from Rs 12,948 crore (US$ 1.5 billion) in Q2FY25.
  • Consolidated assets grew by 6.8% year-on-year to Rs 26,86,485 crore (US$ 302.6 billion) at September 30, 2025 from Rs 25,16,512 crore (US$ 283.4 billion) at September 30, 2024.

Result PDF

IndusInd Bank announced Q2FY26 results

Q2FY26 Financial Highlights:

  • Net Interest Income (NII) in Q2FY26 is at Rs 4,409 crore as compared to Rs 5,347 crore in Q2FY25
  • NIM at 3.32% for Q2FY26 as compared to 4.08% for Q2FY25
  • Quarterly Net loss in Q2FY26 is at Rs 437 crore as compared to Net Profit of Rs 1,331 crore for Q2FY25
  • Net worth at Rs 62,524 crore in Q2FY26 as compared to Rs 63,888 crore in Q2FY25
  • Deposits at Rs 3,89,600 crore in Q2FY26 from Rs 4,12,397 crore in Q2FY25
  • Gross NPA and Net NPA ratios at 3.60% and 1.04% compared to 3.64% and 1.12% in June 30, 2025
  • PCR improved at 71.81% as of September 30, 2025, from 70.13% in June 30 ,2025
  • CRAR improved as on September 30, 2025, at 17.10% as compared to 16.51% on September 30, 2024
  • The Bank has healthy liquidity position with LCR of 132% average for Q2FY26

Rajiv Anand, the MD and CEO, IndusInd Bank said: “During Q2FY26, the Bank consolidated its balance sheet by letting go wholesale deposits and being cautious on microfinance disbursements. Nevertheless, our core pre-provision operating profit at Rs 1,940 crore remained stable QoQ. Our asset quality trends have been stable in all core businesses except in microfinance wherein industry is facing cyclical pressures. The Bank accelerated write-offs as well as increased provisions on microfinance as a prudent measure. While this has resulted in the Bank showing a loss in Q2, we believe this strengthens the balance sheet and fast-tracks normalisation of underlying profitability.

I remain optimistic about ongoing economic recovery driven by the prudent fiscal and monetary measures. We will work towards positioning the Bank to participate in the recovery as it unfolds. Our focus is on realizing the full potential of the Bank, by leveraging our capabilities, scaling our strengths, improving in areas where we can do better and unlocking new areas of value creation. The Bank has strong capital adequacy with CRAR of 17.10%, liquidity with average LCR of 132% and sequentially improved GNPA and NNPAs of 3.60% and 1.04% respectively, providing strong foundation as we work towards delivering sustainable growth.”

Result PDF

Axis Bank announced Q2FY26 results

  • Steady operating performance aided by stable NII and robust fee income.
    • The Bank’s Net Interest Income (NII) stood at Rs 13,745 crore up 1% QoQ and 2% YoY basis. Net Interest Margin (NIM) for Q2FY26 stood at 3.73%.
    • The Bank’s operating profit for the quarter stood at Rs 10,413 crore down 3% YoY. Core operating profit stood at Rs 9,915 crore. Operating cost grew 5% YoY in Q2FY26. Net profit down 26% YoY to Rs 5,090 crore in Q2FY26.
    • Fee income grew 5% QoQ and 10% YoY, granular fee constituted 91% of overall fees, Retail fee grew 10% YoY.
  • Gained market share on MEB deposits, Focus on average deposits continues.
    • QoQ MEB | QAB basis total deposits up 4% | 3%, term deposits up 4% | 4%, SA up 4% | 3%, CA up (1%) | 2%.
    • MEB | QAB CASA ratio at 40% | 38%, Avg. LCR Outflow rates at 27.2%.
    • Q2FY26 cost of funds decreased by 30 bps YoY and 24 bps QoQ.
  • Gained market share on advances, granular book continues to grow steadily:
    • Advances grew 12% YoY and 5% QoQ; Bank’s focus segments grew by 12% YoY and 5% QoQ.
    • SBB SME MC at Rs 2,658 bn | 24% of total loans, grew 20% YoY, up ~738 bps in last 4 years.
    • Retail loans grew 6% YoY of which SBB book grew 14% YoY and 5% QoQ, and Rural loans grew 2% YoY.
  • Well capitalized with adequate liquidity buffers
    • Overall capital adequacy ratio (CAR) stood at 16.55%, CET 1 ratio of 14.43% up 31 bps YoY.
    • Additional cushion of ~44 bps over the reported CAR, attributable to other provisions of Rs 5,012 crore and additional one-time standard asset provision5 of Rs 1,231 crore.
    • Excess SLR of Rs 101,012 crore.
    • Average LCR during Q2FY26 was ~ 119%.
  • Stable asset quality
    • GNPA at 1.46% down 11 bps QoQ and up 2 bps YoY, NNPA at 0.44% down 1 bps QoQ.
    • PCR healthy at 70%; On an aggregated basis9 , Coverage ratio at 147%.
    • Gross slippage ratio at 2.11%, down by 102 bps QoQ, Net slippage ratio at 1.05%, down 128 bps QoQ.
    • Retail asset quality stabilising, retail business net slippages and net credit costs lower than Q2FY25.
    • Net credit cost at 0.73%, down 65 bps QoQ.

Amitabh Chaudhry, MD&CEO, Axis Bank said: "This quarter, we continued to push ourselves as an institution to deliver meaningful progress. From enhancing digital safety to expanding access to credit and empowering entrepreneurs, our innovations are designed to serve real needs with precision and scale. We believe true transformation is not just about technology, it’s about relevance, strength, and responsibility. As we move forward, our focus remains on building a bank that is agile, inclusive, and an all-weather franchise. One that leads with purpose in a rapidly evolving world."

Result PDF

State Bank of India announced Q1FY26 results

  • Profitability:
    • Net Profit for Q1FY26 stands at Rs 19,160 crore witnessing a growth of 12.48% YoY.
    • Operating Profit for Q1FY26 grew by 15.49% YoY to Rs 30,544 crore.
    • Bank’s ROA and ROE for Q1FY26 stand at 1.14% and 19.70% respectively.
    • Net Interest Income (NII) for Q1FY26 decreased by 0.13% YoY.
    • Whole Bank and Domestic NIM for Q1FY26 stand at 2.90% and 3.02% respectively.
  • Balance Sheet:
    • Whole Bank Advances growth at 11.61% YoY with Domestic Advances growing by 11.06% YoY. Whole Bank Advances at Rs 42.5 Lakh crore.
    • Foreign Offices’ Advances grew by 14.81% YoY.
    • SME Advances grew by 19.10% YoY, followed by Agri Advances which grew by 12.67% YoY while Retail Personal Advances and Corporate Advances registered YoY growth of 12.56% and 5.70% respectively.
    • Whole Bank Deposits grew by 11.66% YoY. CASA Deposit grew by 8.05% YoY. CASA ratio stands at 39.36% as on 30 th June 25.
  • Asset Quality:
    • Gross NPA ratio at 1.83% improved by 38 bps YoY.
    • Net NPA ratio at 0.47% improved by 10 bps YoY.
    • Provision Coverage Ratio (PCR) stands at 74.49% while PCR (incl. AUCA) stands at 91.71%.
    • Slippage Ratio for Q1FY26 improved by 9 bps YoY and stands at 0.75%.
    • Credit Cost for Q1FY26 stands at 0.47%.
  • Capital Adequacy: Capital Adequacy Ratio (CAR) as at the end of Q1FY26 stands at 14.63%.

Result PDF

Federal Bank announced Q1FY26 results

  • Total Business: Total Business of the Bank reached Rs 5,28,640.65 crore registering a growth of 8.58 % YoY and also boosting the Bank’s position to 6th largest private sector bank position.
  • croreedit Growth: On the Asset side, Net advances increased from Rs 2,20,806.64 crore as on 30th June 2024 to Rs 2,41,204.34 crore on 30th June 2025, a growth of over 9%. Retail Advances grew by 15.64% to reach Rs 81,046.54 crore. Business Banking advances grew by 6.29% to reach Rs 19,193.95 crore. Commercial Banking advances grew by 30.28 % to Rs 25,028 crore. Corporate Advances registered a growth of 4.47% to reach Rs 83,680.44 crore. The CV/ CE advances grew by 30.31% to reach Rs 4,858 crore.
  • Deposit Growth: Total Deposits increased from Rs 2,66,064.69 crore as on 30th June 2024 to Rs 2,87,436.31 crore as on 30th June 2025, registering a growth of 8.03%.
  • Operating Profit & Net Profit The Bank registered Operating Profit of Rs 1,556.29 crore and Net Profit of Rs 861.75 crore for the quarter ended 30th June 2025.
  • Income & Margins: Net Interest Income grew 1.96 % YoY from Rs 2,291.98 crore to Rs 2,336.83 crore for the quarter ended on 30th June 2025. Total income of the Bank for the quarter grew by 7.64% YoY to reach Rs 7,799.61 crore. Earnings per share (EPS) annualized is Rs 14.07 for the quarter. Net Interest Margin is at 2.94. Net Interest Income is at Rs 2,336.83.
  • Key Ratios: ROA & ROE of the Bank for the quarter stood at 1.00% and 10.30% respectively.
  • Resilient Asset Quality: Gross NPA of the Bank as at the end of Q1 FY26 stood at Rs 4669.66 crore, which as a percentage to Gross Advances stood at 1.91%. The Net NPA and Net NPA as a percentage to Net Advances, as on 30 th June 2025 stood at Rs 1157.64 crore and 0.48% respectively. Provision Coverage Ratio excluding Technical Write Off was 74.41%.
  • Net Worth & Capital Adequacy: Net worth of the Bank increased by 12.19% YoY, from Rs 30300.84 crore to Rs 33994.08 crore, as on 30th June 2025. Capital Adequacy Ratio (CRAR) of the Bank, computed as per Basel III guidelines stood at 16.03% as at the end of the quarter.

KVS Manian, Managing Director & CEO, said: "This quarter reaffirmed the strength of our diversified model. Even in a typically soft Q1, we saw momentum in key segments like commercial banking, credit cards, and gold loans. Our mid-yielding engines are firing well too. We delivered a strong operating performance, with improving productivity. Fee income hit a record high, and CASA ratios continued to improve steadily. On asset quality, while credit costs were elevated this quarter, they were largely driven by slippages in the Agri and MFI portfolios. Based on current trends, we expect these slippages to moderate and stabilise going forward, leading to a normalisation in credit costs. With macro tailwinds building and our strategic themes gaining traction, we’re confident of accelerating growth in the second half while staying disciplined on risk and profitability."

Result PDF

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