ICICI Bank’s sharp drop in provisioning is being read as a sign of improving asset quality and a sturdier recovery pipeline. HDFC Bank, however, is taking a more cautious approach, focusing on protecting profitability and asset quality amid macroeconomic headwinds. It also plans to gain deposit market share, targeting faster deposit growth than credit growth.
Union Bank of India shares slid about 10% in two days after Q4FY26 results failed to meet broker expectations. Even as net profit increased, investors focused on weak NII, a surge in provisions, and margin pressure. Asset quality improved, but elevated credit costs and constrained near-term upside kept sentiment cautious.
Your news, in seconds
Get the Beige app — every story in 60 words, updated hourly. Free on iOS & Android.
Swipe through stories, personalise your feed, and save articles for later — all on the app.
