Research Reports

The Provision Relief Wasn't Priced: Union Bank's Q1 Surprise

Q1 FY27 · earnings surprise · provision relief

Union Bank Q1: consolidated PAT up 27% YoY to ₹5,642 Cr, beats street as provisions ease

Bank of Maharashtra Q1 PAT ₹2,021 Cr up 27%; one-off flatters core to ~13%, NIM softens QoQ

psu bank · net interest margin · provision writeback

Indian Bank: consol PAT ₹3,357 Cr, +49% headline but ~10% clean as ₹1,000 Cr ECL buffer built

psu bank · asset quality · provisioning buffer