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IDFC First Bank reported a record quarterly net profit of Rs 1,075 crore in Q1 2026, up 132% year-on-year, supported by 21.1% growth in net interest income and Rs 514.8 crore in CGFMU scheme claims. Gross NPAs fell to 1.51%, signalling continued improvement in asset quality.
State Bank of India reported a 6% year-on-year rise in Q4 standalone net profit to Rs 19,684 crore, beating analyst estimates, and declared a dividend of Rs 17.35 per share. The result came despite a fall in operating profit, with improved asset quality cushioning the headline numbers.
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IDFC First Bank reported a record quarterly net profit of Rs 1,075 crore in Q1 2026, up 132% year-on-year, supported by 21.1% growth in net interest income and Rs 514.8 crore in CGFMU scheme claims. Gross NPAs fell to 1.51%, signalling continued improvement in asset quality.
1mo ago · 3 min · Markets
State Bank of India reported a 6% year-on-year rise in Q4 standalone net profit to Rs 19,684 crore, beating analyst estimates, and declared a dividend of Rs 17.35 per share. The result came despite a fall in operating profit, with improved asset quality cushioning the headline numbers.
3mo ago · 2 min · Markets
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