Mumbai, July 18 -- Total income increased 6.26% year on year (YoY) to Rs 40,721.05 crore in Q1 FY27.

Operating profit rose 1.25% to Rs 11,659.10 crore in Q1 FY27, compared with Rs 11,515.16 crore posted in the corresponding quarter last year.

The bank's net interest income (NII) for Q1 FY27 stood at Rs 14,646 crore, up 8% on a YOY basis. Net Interest Margin (NIM) for Q1 FY27 stood at 3.46%.

The bank reported an operating profit of Rs 11,659 crore for the quarter. Core operating profit stood at Rs 11,122 crore, while operating costs increased 5% year-on-year in Q1 FY27.

On the provisioning front, the bank reported provisions and contingencies of Rs 2,223 crore for Q1 FY27, including specific loan loss provisions of Rs 2,079 crore. The ...