Banking

UCO Bank is moving ahead with its capital-raising strategy after receiving additional time from the securities regulator to comply with minimum public shareholding norms. The extension provides the state-owned lender greater flexibility to execute fund-raising and dilution plans in a measured manner, aligned with market conditions and investor appetite. The bank aims to strengthen its capital base while ensuring minimal disruption to shareholder value.

YES Bank reported a strong financial turnaround in the third quarter, with net profit rising 55 percent year on year, driven largely by a sharp reduction in provisioning costs and steady core income growth. The improved performance reflected progress in asset quality, disciplined balance-sheet management, and stable lending activity. While revenue growth remained measured, the decline in credit costs significantly boosted the bottom line.

HDFC Bank reported a solid performance in the third quarter, with net profit rising 12 percent year on year to Rs. 19,807 crore, underscoring the lender’s ability to sustain growth amid a challenging operating environment. The country’s largest private-sector bank benefited from stable net interest income, consistent loan growth, and disciplined cost management. While margin pressures persisted due to deposit repricing, the bank’s diversified portfolio and strong asset quality supported earnings momentum.

Punjab & Sind Bank posted a robust financial performance in the third quarter, reporting a 19% year-on-year rise in net profit to Rs. 336 crore. The improvement was driven by stronger core income, better asset quality, and disciplined cost management. Growth in net interest income, coupled with a reduction in non-performing assets, reflected the bank’s continued focus on balance sheet repair and operational efficiency.

Federal Bank reported a resilient financial performance in the third quarter, posting a 9% year-on-year rise in net profit to Rs. 1,041 crore. The results underscore the bank’s ability to navigate a complex operating environment marked by fluctuating interest rates and cautious credit demand. Growth was supported by stable core income, disciplined cost management, and improving asset quality. The quarter reflected a balanced strategy focused on sustainable lending, prudent risk control, and incremental expansion across key segments.

South Indian Bank reported a 9 percent year-on-year increase in net profit for the third quarter, with earnings rising to Rs. 374 crore. The improved performance was supported by steady growth in core banking income, better asset quality, and disciplined cost management. The results indicate gradual strengthening of the bank’s balance sheet amid a stabilizing credit environment. Analysts note that consistent recovery in loan demand and controlled slippages have contributed to improved profitability.

Indian Overseas Bank posted a sharp improvement in its financial performance during the third quarter, reporting a 56 percent year-on-year surge in net profit, driven primarily by a significant reduction in bad loans. The state-owned lender benefited from improved asset quality, lower provisioning requirements, and steady growth in core income. A focused recovery strategy, tighter credit monitoring, and improved collections helped strengthen the balance sheet.

The World Bank has approved loans totaling USD 680 million to support a new phase of development projects in Assam, reinforcing its long-term engagement with India’s northeastern region. The funding is aimed at strengthening infrastructure, improving urban services, and enhancing climate resilience in a state that plays a critical role in regional connectivity and economic integration. By targeting transport networks, flood management, and institutional capacity, the financial assistance seeks to unlock sustainable growth while addressing structural challenges.

Indian Overseas Bank has announced plans to raise up to Rs. 4,000 crore in the fourth quarter of the current financial year, signaling a renewed focus on capital strengthening and sustainable growth. The proposed fundraise is aimed at improving the bank’s capital adequacy, supporting future credit expansion, and enhancing its resilience amid a competitive banking environment. Coming after a period of improved asset quality and profitability, the move reflects growing confidence in the public sector lender’s financial turnaround.

The Reserve Bank of India (RBI) is set to resume issuing licenses to urban co-operative banks (UCBs), marking a significant policy shift after years of regulatory restraint. The move reflects improved governance standards, tighter supervision, and a more robust regulatory framework within the co-operative banking sector. By reopening the licensing window, the central bank aims to strengthen financial inclusion, enhance credit access for small businesses and local communities, and encourage consolidation-driven stability.