India's banking landscape is approaching a decisive inflection point, with earnings set to rebound sharply over FY27-28 after a period of subdued growth, noted a report by IIFL Capital.
Large private banks showed resilience in the first quarter of FY26, while mid-sized banks felt pressure on margins and rising slippages, according to a report by Equirus Securities.
Banks are expected to report muted earnings for the first quarter of FY26 because of weak loan growth, lower margins, seasonally soft fee income, and higher slippages weigh on performance, according to a report by IIFL Capital.