Mumbai, Oct. 20 -- On a year-on-year (YoY) basis, the company's net profit declined 10.31%, and revenue rose 0.79% in Q2 FY26.
Reflecting steady core operations, the bank's net interest income (NII) for H1 was marginally up by 3.4% year-on-year at Rs 2,899.43 crore, while for Q2 NII stood at Rs 1,433.99 crore. In line with its market guidance, the bank maintained its NIM at 3.64% during H1 FY26. The bank's other income for H1 FY26 was at Rs 405.19 crore, while the cost-to-income ratio for the half year stood at 60.80%.
The bank showed improved asset quality with gross NPA ratio decreasing to 3.32% and net NPA ratio to 0.76%. Deposits grew by 10.2% to Rs 1,52,030.16 crore, and net advances increased by 9.4% to Rs 1,05,153.30 crore. The ban...