Latest NII News & Updates

Mumbai, May 8 (IANS) State Bank of India on Friday reported a modest 1.1 per cent year-on-year (YoY) rise in consolidated net profit for the fourth quarter (Q4) of FY26, aided by steady growth in advances and deposits.India’s largest lender posted a net profit of Rs 20,1 61.30 crore for the January-March quarter, compared to Rs 19.941.39 crore in the corresponding period previous financial year (Q4 FY25), according to its stock exchange filing.However, the lender’s standalone net profit jump…

Mumbai, April 18 (IANS) ICICI Bank on Saturday posted a consolidated net profit of Rs 14,755 crore for the fourth quarter of FY26, a 9 per cent year-on-year (YoY) rise.The second-largest private lender had reported a profit after tax (PAT) of Rs 13,502.22 crore in the corresponding quarter of the previous year.The lender’s core net interest income (NII) rose 8 per cent YoY to Rs 22,979 crore during the quarter, compared to Rs 21,193 crore in the same period last year, the bank said in an excha…

Mumbai, Feb 3 (IANS) Bajaj Finance on Tuesday reported a 5.6 per cent decline in consolidated net profit for the December quarter (Q3 FY26).The non-banking financial company (NBFC) posted a net profit of Rs 4,066 crore, compared to Rs 4,308 crore in the same quarter last financial year (Q3 FY25), according to its stock exchange filing.On a sequential basis, profit fell 18 per cent from Rs 4,947 crore reported in the September quarter (Q2 FY26), as per its regulatory filing.The company said profi…