Indian Banks Q1 FY26: A Mixed Bag of Margins, Momentum & Misses

India’s banking sector delivered a mixed bag in Q1 FY26. While ICICI Bank stood out with robust profit growth and stable asset quality, HDFC Bank and Yes Bank maintained a steady trajectory despite margin pressures and provisioning spikes. On the flip side, RBL Bank, Bandhan Bank, and Axis Bank struggled with declining profits, rising NPAs, and muted interest income. This breakdown categorizes performance into three buckets—Good, Steady, and Poor—based on profitability, asset quality, and growth momentum. Let’s dive into the numbers, trends, and strategic shifts that shaped this quarter’s banking landscape.”

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IndusInd Bank Q1 Results: Earning Preview