Combined pre-tax profit growth among leading Indian banks accelerated to 17% in 1H2026 as provisions reversed and revenue growth edged up

Figure 1. India's leading banks rank by H1 2026 pre-tax profit ($, million)

Pre-Tax Profit Growth (YoY)
1H 2026: +17.1%
1H 2025: +3.7%
Revenue Growth (YoY)
1H 2026: +3.1%
1H 2025: +1.8%
Net Interest Margin
1H 2026: 3.4%
1H 2025: 3.4%
Provision Growth (YoY)
1H 2026: (0.8%)
1H 2025: +50.4%
Pre-Tax Profit ($, million)
Strong growth (≥30% YoY) Negative growth (<0% YoY)
YoY Growth
ROE
Note: Figures above the chart represent aggregate results for the ten-bank sample. All figures are for the January–June 2026 reporting period. Exchange rate: INR93.0 = USD1. Growth figures are based on local currency. Source: TABInsights