Mumbai, April 25 -- Normalised profit after tax for Q4 FY26, excluding one-time items, jumped 48.4% YoY to Rs 746 crore. The bank said it has fully recognised the financial impact of the Chandigarh incident in Q4 FY26, with a post-tax impact of Rs 483 crore, and does not expect further material adjustments.

The incident relates to a fraud detected in February 2026 at its Chandigarh branch involving unauthorised transactions in certain Haryana government-linked accounts, with an initial discrepancy of around Rs 590 crore. The issue was linked to alleged collusion by some employees and external entities and was confined to a specific set of accounts. The bank said it has completed reconciliation and settled claims, with no further discrepa...