New Delhi, Aug. 22 -- Most private banking stocks have seen healthy buying interest recently amid strong Q1FY27 earnings, even though some major players have reported higher funding costs and margin pressure.

Stocks such as Karnataka Bank have jumped over 15% so far in August. Shares of DCB Bank, AU Small Finance Bank, City Union Bank, Kotak Mahindra Bank, IDFC First Bank, and Axis Bank have gained between 1-9% this month so far.

However, two major private banking stocks- ICICI Bank and HDFC Bank- are down 1% and 3%, respectively, this month due to profit booking.

A confluence of factors is supporting healthy buying interest in private banking stocks. The Q1 numbers of several private lenders, such as ICICI Bank, Axis Bank, and IDFC Fi...