Shares of Federal Bank, DCB Bank, and South Indian Bank surged up to 16.5% on Monday after the lenders announced their Q2 FY26 results. Federal Bank’s profit dipped 9.6% YoY but hit record NII and fee income, while DCB Bank posted an 18.3% rise in profit backed by better margins and asset quality. South Indian Bank’s profit grew 8.2% despite a fall in NII, supported by higher other income and improved NPAs.
Credit card issuance hits strongest pace in more than two years
The additions were led, once again, by the country’s largest issuers. HDFC Bank topped the list, adding 163,000 net new credit cards and edging past
July 27, 2026