Overview
- IDBI Bank, which reported results Thursday, drew conflicting profit tallies at ₹1,943 crore and ₹1,987 crore, and the stock slipped from the day’s high after the lower figure was cited.
- Indian Overseas Bank posted a 43% jump in Q4 profit to ₹1,505 crore and said full‑year profit crossed ₹5,000 crore for the first time, with loans up 24% and deposits up 18%.
- IOB guided to 12–13% credit growth in FY27 and built a ₹400 crore floating provision for potential West Asia fallout as margins stayed under pressure from a 125 bps repo rate cut since last year.
- Federal Bank reported a 22% rise in Q4 net profit to ₹1,259 crore, backed by 33% growth in net interest income and a wider 3.74% net interest margin, and it added a ₹456 crore floating buffer for new loss‑provision rules.
- Indian Bank’s chief said MSME borrowers have not shown stress from the Gulf tensions or recent US tariffs, though the lender set aside about ₹310 crore in provisions and guided modest growth for FY27.