Private sector banks experienced a deceleration in operating and net profits for the third consecutive quarter due to reduced net interest income, increased bad loan provisioning, and continued margin pressure. Conversely, public sector banks reported significant profit growth, benefiting from robust increases in both pre-provision operating profit and net profit.
Patchy rains may hit rural lending, banks stay cautious
Bankers are closely watching monsoon rains and their impact on rural credit. Uneven rainfall poses inflation risks for summer crops and rural incomes. A strong
July 29, 2026