Archive · 13 Jan 2026
Indian Banks Show Strong Growth
Two big Indian companies, ICICI Prudential Life and Bank of Maharashtra, have reported strong financial results for the third quarter of the fiscal year 2026.
ICICI Prudential Life saw a 30% increase in profit compared to the previous quarter, with better margins and more new business.
Bank of Maharashtra also did well, with a 26.5% increase in profit compared to the same quarter last year.
Both companies showed good growth in their businesses, with Bank of Maharashtra having better asset quality and more loans and deposits.
These results show that these companies are doing well and are on a good growth path.
ICICI Prudential Life reported a 30% quarter-on-quarter profit increase to ₹390 crore in Q3 FY2026.
Bank of Maharashtra's profit rose by 26.5% year-on-year to ₹1,779.58 crore in Q3 FY26.
Bank of Maharashtra's net interest income increased by 16.27% year-on-year to ₹3,422 crore.
ICICI Prudential's retail protection annualised premium equivalent grew by 19.0% year-on-year.
Bank of Maharashtra's gross NPA improved to 1.60% from 1.80% year-on-year.
- Who
- ICICI Prudential Life, Bank of Maharashtra
- What
- Strong financial performance in Q3 FY2026
- When
- Q3 FY2026 (December 2025)
- Where
- India
- Why
- To report financial results and growth
- ICICI Prudential Q3 Profit
- ₹390 crore (30% QoQ, 19.6% YoY)
- Bank of Maharashtra Q3 Profit
- ₹1,779.58 crore (26.5% YoY)
- Bank of Maharashtra NII
- ₹3,422 crore (16.27% YoY)
- Bank of Maharashtra Gross NPA
- 1.60% (down from 1.80% YoY)
- Bank of Maharashtra Net NPA
- 0.15% (down from 0.20% YoY)
- ICICI Prudential VNB
- ₹16.64 billion (9M-FY2026)
- ICICI Prudential Retail Protection APE
- ₹4.64 billion (19.0% YoY)
- Bank of Maharashtra Total Business
- ₹5,95,163 crore (17.24% YoY)
Sources
Indian Households Shift From Savers To Investors As Bank Deposits & Advances Triple In Decade: SBI Report
Indian banking system sees rapid expansion; credit growth outpaces deposits: SBI Research
Indian banks look strongest in 15 years, but Crisil flags these risks
Credit-deposit ratio of banks rises to 82 pc: Report
Net direct tax collection rises 8.82% to ₹18.38 lakh cr till Jan 11
Centre achieves 73% of direct tax annual target till Jan 11
Bank Of Maharashtra Posts ₹1,036 Crore Q3 Profit, NII Climbs To ₹2,164 Crore, Q3 FY26 Outperforms Previous Quarters
ICICI Prudential Life Sees 30% Profit Jump In Q3, Builds On Steady Growth From Earlier Quarters
