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IndusInd Bank's share price fell over 4% on July 23, 2026, despite reporting a 47% year-on-year rise in Q1 net profit to ₹1,003 crore. The selloff reflects investor concern that the profit jump was driven by lower provisions rather than stronger core earnings.
Kotak Mahindra Bank's Q4 profit beat estimates as lower provisions boosted earnings and asset quality improved. Gross NPA fell to 1.20% from 1.30%, and net NPA dropped to 0.25% from 0.31% quarter-on-quarter. The bank also declared a dividend.
Tag
IndusInd Bank's share price fell over 4% on July 23, 2026, despite reporting a 47% year-on-year rise in Q1 net profit to ₹1,003 crore. The selloff reflects investor concern that the profit jump was driven by lower provisions rather than stronger core earnings.
1mo ago · 3 min · Markets
Kotak Mahindra Bank's Q4 profit beat estimates as lower provisions boosted earnings and asset quality improved. Gross NPA fell to 1.20% from 1.30%, and net NPA dropped to 0.25% from 0.31% quarter-on-quarter. The bank also declared a dividend.
3mo ago · 2 min · Markets
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