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.
Global Market Today: Oil falls, Asian stocks rise as Iran tensions ease
Global markets saw oil prices fall and stocks rise as US and Iran paused retaliatory strikes. The dollar weakened against peers while Treasuries gained as