{
  "type": "article",
  "title": "ICICI Bank leads the private lenders' first quarter as Yes Bank profit surges 34 percent",
  "summary": "In the first quarter of the current financial year ICICI Bank's net profit rose 16 percent and Yes Bank's jumped 34 percent, while HDFC Bank's results came in slightly below estimates and Kotak Mahindra Bank's profit grew 26 percent.",
  "content": "The first quarter earnings season for India's biggest private lenders is in, and this time it is ICICI Bank that has pulled ahead in the profit race. Four heavyweights, HDFC Bank, ICICI Bank, Kotak Mahindra Bank and Yes Bank, have reported their numbers for the opening quarter of the current financial year, and while the country's largest private bank, HDFC Bank, moved a touch slowly, Yes Bank and Kotak Mahindra Bank comfortably beat what the market had expected.\n\nHDFC Bank's net profit rose about 5 percent year on year to ₹19,060 crore, coming in slightly below street estimates. ICICI Bank, by contrast, saw its standalone net profit jump 16 percent to ₹14,805 crore. Yes Bank's profit shot up 34 percent to cross ₹1,071 crore, while Kotak Mahindra Bank posted a 26 percent rise in profit to ₹4,123 crore in the first quarter of financial year 2026-27.\n\nHDFC Bank: a mixed showing\nFor the country's largest private bank, the quarter was a mixed bag on loans and asset quality. Its net interest income (NII), the money it earns from lending, grew 6.7 percent year on year to ₹33,535.95 crore. The net interest margin (NIM) stood at 3.26 percent of total assets. The encouraging part was asset quality: gross NPA improved from 1.40 percent a year earlier to 1.17, pointing to a healthier loan book. There is, however, a worry for shareholders, as the HDFC Bank stock has already fallen more than 17 percent so far in 2026.\n\nICICI Bank: numbers ahead of estimates\nICICI Bank's first quarter figures came in better than what analysts had pencilled in. Total income rose more than 5 percent to ₹54,246.84 crore, up from ₹51,451.81 crore in the June 2025 quarter. Standalone net profit climbed a strong 16 percent to ₹14,805 crore, and interest income was up 12.7 percent year on year. Both loans and deposits grew more than 14 percent, a sign that the bank's core business keeps expanding steadily.\n\nYes Bank: profit leaps 34 percent\nYes Bank had a strong quarter on both profit and core income. Net profit surged 34 percent to cross ₹1,071 crore, up from ₹801 crore in the same quarter last year. The bank also strengthened its asset quality, pulling net NPA down to just 0.2 percent. On a quarter on quarter basis, provisions, the money set aside against the risk of loans going bad, rose more than 100 percent to ₹394 crore. A rise in provisions signals that the bank has built up a bigger safety cushion to handle potential bad loans. Lending stayed robust too, with net advances growing 18.4 percent year on year to ₹2.85 lakh crore.\n\nKotak Mahindra Bank: profit beats forecasts\nKotak Mahindra Bank turned in a powerful performance in the first quarter of the current financial year. Its profit rose 26 percent to ₹4,123 crore, well above market expectations. Gross NPA eased year on year to 1.18 percent. The net interest margin (NIM), however, slipped slightly from 4.65 percent a year earlier to 4.53 percent. On deposits the bank did well, with total deposits growing 14 percent year on year to ₹5.59 lakh crore, while current account deposits rose 15 percent to ₹78,107 crore.\n\nTaken together, three of the four lenders, ICICI, Yes and Kotak Mahindra, beat market expectations this quarter, while HDFC Bank's numbers came in a shade weaker than forecast. In terms of the pace of profit growth Yes Bank's 34 percent jump was the fastest, whereas by the sheer size of its earnings ICICI Bank emerged as the biggest name of the season.\n\nWhat this means for you\n• For investors: The stronger results from ICICI, Yes and Kotak Mahindra are a positive signal for their stocks, while HDFC Bank shares, already down more than 17 percent in 2026, could stay under pressure.\n• For customers: The improving asset quality and falling NPA at these banks show that the lenders holding your money and giving out loans are financially stable for now.\n\nQuestions & Answers\n\n1. Which bank posted the fastest profit growth this quarter?\nYes Bank had the fastest growth, with profit up 34 percent to cross ₹1,071 crore.\n\n2. What was HDFC Bank's net profit?\nHDFC Bank's net profit rose about 5 percent to ₹19,060 crore, slightly below market estimates.\n\n3. How much was ICICI Bank's standalone net profit?\nICICI Bank's standalone net profit rose 16 percent to ₹14,805 crore.\n\n4. How much did Kotak Mahindra Bank's profit rise?\nKotak Mahindra Bank's profit rose 26 percent to ₹4,123 crore, well above market expectations.\n\n5. What is Yes Bank's net NPA now?\nYes Bank improved its asset quality, bringing net NPA down to just 0.2 percent.\n\n6. How has HDFC Bank's stock performed in 2026?\nThe HDFC Bank stock has fallen more than 17 percent so far in 2026.",
  "url": "https://trendkia.com/en/business/niji-bainkon-ki-pahali-timahi-men-icici-bank-sabase-age-yes-bank-ka-munapha-34-phisadi-uchhala-8523",
  "category": "Business",
  "publishedAt": "2026-07-18",
  "tags": [
    "quarterly results",
    "ICICI Bank",
    "HDFC Bank",
    "Yes Bank",
    "Kotak Mahindra Bank",
    "bank profit",
    "Q1 results"
  ],
  "language": "en",
  "site": "TrendKia"
}