IDFC First Bank reported its highest-ever quarterly profit at ₹1,075 crore for June, more than doubling year-on-year, driven by strong NII growth and lower provisions. Margins and return ratios improved, while loan growth remained robust across segments. Management highlighted improving asset quality and sustained business momentum despite provisioning buffers.

Bank of India reports 36% net profit rise to ₹3,068 crore in Q1FY27, driven by growth in net interest income.

Bank of India (BoI) net profit rose 36.2% to ₹3068 crore on higher net interest income, in the quarter ended June 30 fiscal 2027 as against the same period last fiscal.

IDFC FIRST Bank's Q1FY27 net profit jumps 132% to ₹1,075 crore, driven by strong interest income and improved asset quality.