Indian Banks Report Strong Q3 Profit Growth

Several banks in India have reported strong profit growth for the third quarter of the fiscal year 2026.

HDFC Bank saw its profit jump by 12.17% to ₹19,807 crore, with net interest income growing by 6.4%.

YES Bank reported a 55% increase in profit to ₹952 crore, although its loan growth was lower due to cautious lending.

UCO Bank's profit rose by 15.65% to ₹739 crore, with advances growing by 16.74%.

The Reserve Bank of India's release of ₹2.5 lakh crore in liquidity and a 100 basis point rate cut in the Cash Reserve Ratio supported this growth.

Other banks like IBDI and RBL also saw significant advances growth.

This positive performance is attributed to improving bank credit momentum and supportive monetary policies.