HDFC Bank, India's largest private bank by market capitalisation, reported higher-than-expected quarterly profit on Saturday due to a surge in interest income from loans and treasury gains, even as provisions for bad loans spiked.

India’s top private-sector banks HDFC Bank Ltd. and ICICI Bank Ltd. could see profits come under pressure from loan growth at a three-year low and thinning margins driven by central bank rate cuts, as they report earnings this weekend.

ICICI Bank on Saturday announced a 15 per cent year-on-year (YoY) increase in its consolidated net profit for the first quarter of financial year 2026 (Q1 FY26), reaching Rs 13,557.60 crore. This marks a significant rise from the Rs 11,