Private Sector Banks Release Q2 Financial Results for FY27

HDFC Bank posted a 4.6% year-on-year increase in net profit to ₹19,510 crore for the second quarter of FY27, with net interest income growing 9.7% to ₹34,620 crore.

Axis Bank reported a 37.6% year-on-year rise in net profit to ₹7,003.3 crore, while ICICI Bank posted a 20.1% increase in standalone net profit to ₹14,843 crore.

Analysts view ICICI Bank and HDFC Bank as top holdings for long-term investors due to balance sheet strength, while noting regulatory risks for Yes Bank following an AT-1 bond ruling.