Private sector bank
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Reported Q2 FY2027 results; navigating FCNR(B) margin pressure
India's second-largest private lender beat profit estimates on Saturday, but the growth masked a squeeze on its core earnings engine. Standalone net profit rose 20.1% year on year to ₹14,843 crore for the September quarter, ahead of the ₹14,366 crore analysts expected. Net interest margin—what the bank earns on each rupee lent minus what it pays on deposits—fell to 4.18%, down from 4.36% in the June quarter.
Updated 2 hours ago
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