Q2 Results Highlights: HDFC Bank, ICICI Bank, Axis Bank, IDBI Bank, Central Bank of India post profit growth; YES Bank flags AT-1 bond ruling impact

Q2 Results Highlights from major Indian banks were announced on October 17, 2026. HDFC Bank reported a modest 5% rise in profit to ₹19,510 crore, driven by a 10% increase in net interest income (NII) amid steady deposits and improving asset quality. ICICI Bank saw a 22.28% jump in consolidated net profit to ₹16,333.18 crore, fueled by strong loan growth, higher NII, and better asset quality.

Axis Bank posted a 39.4% rise in its consolidated net profit to ₹7,704.67 crore, with a 37.6% increase in standalone net profit. Central Bank of India reported a 21% jump in net profit to Rs 1,469 crore for the second quarter ended September 30, aided by improved core income and reduced bad assets. IDBI Bank, however, reported a notable 39% decline in Q2 profit to ₹2,205 crore, despite higher total income and improving asset quality.

Yes Bank, on the other hand, flagged the impact of a Supreme Court ruling on its ₹8,400 crore AT-1 bond write-off, resulting in a 65% rise in Q2 profit to ₹1,080 crore.