Saturday, October 24

BANK

Indian Bank Financial Results for the Quarter ended 30th September 2026
BANK, ENGLISH, PRESS MEET, TAMILNADU

Indian Bank Financial Results for the Quarter ended 30th September 2026

Indian Bank Financial Results for the Quarter ended 30th September 2026  Total business increased by 14.22%, reflecting broad-based momentum across all the segments  Gross Advances grew by 16.39% YoY, led by strong traction in Retail, Agriculture and MSME (RAM) portfolios  Deposits rose by 12.50%, supported by a healthy CASA ratio of 39.36%  Bank strategically reduced its Bulk deposit (including CD) by 5.60% on QoQ basis, from ₹1.62 lakh Cr in Jun’26 to ₹1.52 lakh Cr in Sep’26  Bank has mobilized fresh FCNR(B) Deposits amounting to ₹22486 Cr. It has also raised OFCB of ₹3806 Cr  Net profit recorded a growth of 14.71% YoY, reflecting improved operational efficiency, steady NIM and disciplined cost management  Operating profit grew by 46.58% YoY  The bank’s non-interest inc...
IDBI Bank reports 27% rise in profits on YTD basis (12 months)
BANK, ENGLISH, FLASHNEWS

IDBI Bank reports 27% rise in profits on YTD basis (12 months)

IDBI Bank Limited - Financial Results for FY 2025-26 IDBI Bank reports 27% rise in profits on YTD basis (12 months) Net Profit surges to ₹9,513 Crore for FY 26 registering a growth of 27% in comparison to FY 25. Total business crossed ₹6 Trillion mark. Total business stood at ₹6,00,789 Cr, YoY growth of 14%. Total Deposits stood at ₹3,47,163 Cr, YoY growth of 12%. Net Advances stood at ₹2,53,626 Cr, YoY growth of 16%. CASA up by 7% YoY Gross NPA down to 2.32%, YoY reduction by 66 bps. Net NPA maintained at 0.15%. Provision Coverage Ratio (PCR) stood at 99.39%. Return on Assets (ROA) at 2.27%, YoY growth of 29 bps. CRAR stood at 26.65%, YoY improved by 160 bps. Net Credit deposit ratio stood at 73.06%, YoY improved by 266 bps. Highlights for Q4 FY 26...
Celebrating City Union Bank’s partnership with 
BANK, ENGLISH, PRESS MEET, SPORTS, TAMILNADU

Celebrating City Union Bank’s partnership with 

Celebrating City Union Bank’s partnership with Chennai Super Kings- CUB’s Anthem for CSK – Grand Launch   Chennai, April 2026 – City Union Bank (CUB), one of India’s leading private sector banks, proudly announces the launch of its official anthem celebrating CUB’s partnership with Chennai Super Kings (CSK).This anthem embodies the shared values of resilience, teamwork, and passion that both CUB and CSK possess. CUB is having branches throughout the country. Similarly CSK has fans in all parts of the country. The anthem, created to energize fans and customers alike, celebrates the spirit of cricket while highlighting CUB’s commitment to serving its customers and at the same time empowering communities and fostering pride in sporting legacy. With CSK’s iconic presence in the Indian Pre...
The new CPI series was released yesterday with January-26 CPI at 2.75% compared
BANK, ENGLISH, FLASHNEWS, INDIA

The new CPI series was released yesterday with January-26 CPI at 2.75% compared

New series confirms CPI below 3% The new CPI series was released yesterday with January-26 CPI at 2.75% compared to 1.2% in December-25 (estimated using the linking factor of 0.5267). On a sequential basis, headline CPI increased by 0.3%. Broadly, the data does not present any major negative surprise and confirms the moderating inflation trend witnessed over the last 12 months. We anticipate that inflation could start edging up over the coming months both on account on of a lower base effect and some increase in momentum both on food and core inflation. • The new series suggests that inflation has averaged at 1.8% so far in FY26 (broadly unchanged from what the old series average was). The new CPI series doesn’t change our view of no further rate cuts from the RBI in FY27 and expec...
HDFC ERGO successfully conducts 3rd edition of State Insurance Quiz
BANK, ENGLISH, PRESS MEET, TAMILNADU

HDFC ERGO successfully conducts 3rd edition of State Insurance Quiz

HDFC ERGO successfully conducts 3rd edition of State Insurance Quiz Junior Grand Finale in Tamil Nadu and Puducherry With engagement from over 1,070 teams across 42 districts of Tamil Nadu and Puducherry, the initiative reflects the company’s focus to equip communities across the grassroots with insurance awareness. Chennai, January 30:  HDFC ERGO General Insurance Company, India’s leading private sector general insurer, successfully conducted the grand finale of the third edition of the State Insurance Quiz Junior– Tamil Nadu & Puducherry Chapter 2026. After a series of exciting preliminary and semi-final rounds, the grand finale witnessed a spirited contest among eight top-performing teams. Team Srinuprasad and Ajesh from GHSS Kalkulam, Kanniyakumari, emerged as the champions of...
Indian Bank Q3 2026 Financial Results | Binod Kumar, MD & CEO | Chennai
BANK, ENGLISH, PRESS MEET, TAMILNADU

Indian Bank Q3 2026 Financial Results | Binod Kumar, MD & CEO | Chennai

Indian Bank Q3 2026 Financial Results | Binod Kumar, MD & CEO | Chennai Head Office Chennai, January 22, 2026: Indian Bank, the state-run lender, declared Financial Results for the Quarter Q3, and Nine Month ended 31st December 2025) for the year 25-26 at its Chennai head office, in the presence of Binod Kumar, MD & CEO of Indian Bank, and other dignitaries. The Bank reported a net profit of ₹3,061.48 crore for the third quarter of FY26, marking a 7.3% year-on-year (YoY) increase from ₹2,852.36 crore in the corresponding quarter last year. Indian Bank Q3 Results 2026: Net profit rises 7% to ₹3,061 crore, NII up 7.5% YoY The state-owned lender’s Net Interest Income (NII) rose 7.5% YoY to ₹6,895 crore in Q3FY26, compared with ₹6,414 crore a year earlier. Pre-Provision Operatin...
HDFC Bank Parivartan impacts over 1.4 crore lives in Tamil Nadu
BANK, ENGLISH, PRESS MEET, TAMILNADU

HDFC Bank Parivartan impacts over 1.4 crore lives in Tamil Nadu

HDFC Bank Parivartan impacts over 1.4 crore lives in Tamil Nadu Impact in 37 out of 38 districts in the state, including 2 Aspirational Districts Chennai, Tamil Nadu, September 24, 2025: HDFC Bank, India’s largest private sector bank, through its CSR arm Parivartan, has positively impacted over 1.4 crore lives in Tamil Nadu till date. The Bank has been active in the state since 2015, covering 37 of Tamil Nadu’s 38 districts, including 2 Aspirational Districts and 10 Aspirational Blocks. Under Parivartan, the Bank has adopted six focus areas of: Rural Development Promotion of Education Skill Training & Livelihood Enhancement Healthcare & Hygiene Financial Literacy & Inclusion Natural Resource Management In Tamil Nadu, Rural Development, Promotion of Education, a...
Indian Bank standalone Q1 net profit at ₹2972.82 rises
BANK, ENGLISH, PRESS MEET, TAMILNADU

Indian Bank standalone Q1 net profit at ₹2972.82 rises

Indian Bank standalone Q1 net profit at ₹2972.82 rises 23.7% year on year: stock rises 3% Q1 Results: Indian Bank’s standalone Q1 net profit at ₹2972.82 for the quarter ending June 2025 rises 23.7% year-on-year compared to ₹2403 crore in the year-ago quarter Ujjval Jauhari Q1 Results: Indian Bank’s consolidated net profit down Q1 Results: Indian Bank standalone net profit at ₹2972.82 for the quarter ending June 2025 grew 23.7% year-on-year compared to ₹2403 crore in the year-ago quarter Indian Bank Q1 Results: Indian Bank reported a 23.7% year-on-year rise in standalone net profit at ₹2972.82 for the quarter ending June 2025 compared to ₹2403 crore in the year-ago quarter. Net Interest Income (NII) increased by 2.9% to ₹6,359 crore, from ₹6,178 crore the previous year. Gros...
HDFC Bank signs MoU with Indian Air F orce and CSC Academy;
BANK, ENGLISH, INDIA

HDFC Bank signs MoU with Indian Air F orce and CSC Academy;

HDFC Bank signs MoU with Indian Air Force and CSC Academy; launches Project HAKK (Hawai Anubhavi ka lyan Kendra) The Bank under its Parivartan program me will engage in building economic inclusiven usiveness for defence service veterans and next of kin New Delhi, March 05, 2025: HDFC Bank Indi a’s leading private sector bank, today signe ed a Memorandum of Understanding (MoU) with the Indian Air Force acting through the office of the Assistant Chi ef of Air Staff – Accounts & Air Veterans and CSC Academy. The day marked the launch of Project HAKK (Hawai Anubha vi Kalyan Kendra) – Serving those who have served. Project HAKK is de signed to provide support and services to defence pensioners, veterans and their fami lies. Initially, 25 centres have been proposed across the Air...
Indian Bank Partners with Balinee Mi lk Producer Company
AIR FLIGHTS, BANK, ENGLISH, TAMILNADU

Indian Bank Partners with Balinee Mi lk Producer Company

Indian Bank Partners with Balinee Mi lk Producer Company Indian Bank Partners with Balinee Mil k Producer Company to Boost Digital D airy Financing Chennai, December 23rd, 2024: Indian Bank has signed an MoU with Balinee Milk Producer Company Limited (BMP CL) to provide Kisan Credit Card (KCC) loan ns to its members for dairy farm ing. This initiative will strengthen Indian Ba nk’s presence in the Bundelkhand regio n and enhance its Digital Dairy KCC por tfolio and CASA balance. BMPCL, with a network of 75,000 fema ale farmers and a daily milk collection of 3.25 lakh litres, will assist in identif ying eligible members and facilitating direct payments to their Indian Bank accounts. The partnership is expected to on-board 5,000 new dairy farmers in Banda, Jhan si, and Ch...