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Loan growth outpaces deposit for IDBI Bank, Kotak, AU SFB in Q4

Loan growth outpaces deposit for IDBI Bank, Kotak, AU SFB in Q4

by | Apr 4, 2026 | Business


The total business of IDBI Bank increased 14% to ₹6 lakh crore compared to ₹5.28 lakh crore at the end of March 31, 2025.
| Photo Credit:
ADNAN ABIDI

LIC-controlled IDBI Bank on Saturday reported a 16 per cent increase in loan growth to ₹2.53 lakh crore for the fourth quarter ended March 2026.

Its total advances were ₹2.18 lakh crore at the end of March 31, 2025, IDBI Bank said in a regulatory filing.

The lender reported a 12 per cent rise in total deposits to ₹3.46 lakh crore from ₹3.1 lakh crore at the end of the fourth quarter of the preceding financial year.

The total business of the bank increased 14 per cent to ₹6 lakh crore compared to ₹5.28 lakh crore at the end of March 31, 2025.

Meanwhile, Kotak Mahindra Bank also reported higher credit growth versus deposit expansion. The bank registered a 16.2 per cent rise in advances to ₹4.95 lakh crore from ₹4.26 lakh crore in the fourth quarter of the preceding fiscal.

It reported a 14.7 per cent increase in total deposits to ₹5.72 lakh crore from ₹4.99 lakh crore at the end of the fourth quarter of FY25, Kotak Mahindra Bank said in a regulatory filing.

AU Small Finance Bank also reported a higher credit growth vis-a-vis deposit expansion. The bank posted a 25.1 per cent rise in advances to ₹1.36 lakh crore against ₹1.08 lakh crore in the fourth quarter of FY25.

The lender reported a 22.8 per cent increase in total deposits to ₹1.52 lakh crore compared to ₹1.24 lakh crore at the end of the fourth quarter of FY25, AU Small Finance Bank (SFB) said in a regulatory filing.

However, the bank’s low-cost CASA (current account savings account) ratio declined to 28.4 per cent of the total deposits from 29.2 per cent at the end of March 2025.

Published on April 4, 2026



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Iran, Saudi LPG shipments arrive, unload at New Mangalore Port

Iran, Saudi LPG shipments arrive, unload at New Mangalore Port

by | Apr 4, 2026 | Business


New Mangalore Port is witnessing a surge in LPG and crude oil shipments, including India’s first LPG cargo from Iran since 2019 after temporary easing of US sanctions. (a file photo)
| Photo Credit:
PTI

Two LPG (liquefied petroleum gas) tankers, including one from Iran, are discharging cargo at New Mangalore Port, and another is expected in the middle of next week.

LPG tanker Aurora (formerly Sea Bird), which brought 43910 tonnes of LPG cargo from the Asaluyeh port in Iran, has been discharging the cargo at the port. Around 34491 tonnes of LPG cargo remained to be discharged as of April 4.

India recently bought its first LPG cargo from Iran after the US temporarily eased sanctions on Iran’s petroleum exports. India had stopped energy purchases from Iran in 2019 due to sanctions.

Another LPG tanker, Al Ain, has unloaded 7,692 tonnes of cargo at the port. Around 11908 tonnes of cargo remained undischarged as of April 4. The tanker left Yanbu Industrial Port in Saudi Arabia on March 19.

An LPG tanker, Jag Vasant, with 9,500 tonnes of cargo, is expected to reach New Mangalore Port on April 8.

Crude oil

The oil tanker Gabon Prosperity, carrying 2.75 lakh tonnes of crude oil, is expected to reach New Mangalore Port on April 5. The tanker left the port of Al Muajjiz in Saudi Arabia on March 27. The cargo is expected to be unloaded at Mangalore Refinery and Petrochemicals Ltd’s (MRPL) single point mooring (SPM) facility under the New Mangalore Port Authority (NMPA).

Another oil tanker, New Legend, carrying 1.24 lakh tonnes of crude oil, is expected to reach New Mangalore on April 7. The oil tanker New Legend left the port of Ust-Luga in the Baltic Sea of Russia on March 7.

Meanwhile, the crude oil tanker Lila Jamnagar is waiting at the anchorage to load 2.70 lakh tonnes of crude oil from the SPM facility. Sources in the shipping sector said that Abu Dhabi National Oil Company (ADNOC) of the UAE will draw this cargo from Indian Strategic Petroleum Reserve Ltd’s (ISPRL) Mangaluru cavern for coastal transportation to Paradip port.

An agreement between ISPRL and ADNOC, signed in February 2018, allowed ADNOC to store about 5.86 million barrels of crude oil at ISPRL’s Mangaluru facility at ADNOC’s own cost. Sources said ADNOC will load another 1.45 lakh tonnes of crude oil cargo from ISPRL on the oil tanker New Liberty for coastal transportation in the coming days.

Published on April 4, 2026



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India buys oil from Iran for first time in 7 years with no payment issues

India buys oil from Iran for first time in 7 years with no payment issues

by | Apr 4, 2026 | Business


India has secured its full ‌requirements of crude oil for the coming months, the oil ministry said.

Indian refiners have ​purchased Iranian oil amid the West Asia conflict that has disrupted supplies through ​the Strait of Hormuz, ⁠the oil ministry said on Saturday.

The world’s third-biggest oil importer and consumer, India has ‌not received a cargo from Tehran since May 2019, following US ‌pressure not to buy ‌Iranian ⁠crude, but supply disruptions from the ⁠US-Israel war have hit the South Asian nation hard.

“Amid Middle East supply disruptions, ​Indian refiners have secured ‌their crude oil requirements, including from Iran; and there is no payment hurdle for Iranian crude imports,” ‌the oil ministry said on X.

Last ​month, the United States temporarily removed sanctions on Iranian oil ⁠and refined products to ease supply shortages.

India has secured its full ‌requirements of crude oil for the coming months, the ministry added.

“India imports crude oil from 40-plus countries, with companies having full flexibility to source oil from different sources and geographies ‌based on commercial considerations.”

India has also ​bought 44,000 metric tons of Iranian liquefied petroleum gas loaded on ⁠a sanctioned vessel. The ministry said the ⁠vessel, which berthed at the western port of Mangalore on ‌Wednesday, is discharging the fuel.

Published on April 4, 2026





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Bandhan Bank's loans, advances rise 12.6% in Q4 FY26

Bandhan Bank's loans, advances rise 12.6% in Q4 FY26

by | Apr 4, 2026 | Business


Bandhan Bank’s liquidity coverage ratio (LCR) stood at around 131.76% as of March 31.
| Photo Credit:
RUPAK DE CHOWDHURI

Bandhan Bank‘s loans and advances grew 12.6 per cent year-on-year to ₹1,54,235 crore as of March 31 compared to ₹1,36,995, the private lender said on Saturday.

On a sequential basis, the loan book expanded 6.2 per cent from ₹1,45,224 crore as of December 31, 2025, according to a provisional unaudited disclosure filed with the bourses.

Total deposits rose 10 per cent on-year to ₹1,66,344 crore at the end of the fourth quarter of 2025-26 against ₹1,51,212 crore in the corresponding period last year, and were up 6.1 per cent from ₹1,56,724 crore in the previous quarter.

Retail deposits, including CASA, climbed 17.7 per cent year-on-year to ₹1,22,547 crore, while retail term deposits surged 30.1 per cent to ₹73,796 crore. The retail-to-total deposits ratio improved to 73.67 per cent from 68.88 per cent a year earlier, the bank said in the filing.

CASA deposits stood at ₹48,751 crore in the fourth quarter, up 2.8 per cent year-on-year, while the CASA ratio stood at 29.31 per cent compared with 31.37 per cent a year ago. Bulk deposits declined 6.9 per cent year-on-year to ₹43,797 crore.

Bandhan Bank’s liquidity coverage ratio (LCR) stood at around 131.76 per cent as of March 31.

The figures are provisional and unaudited, the lender added.

Published on April 4, 2026



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HDFC Bank reports 12% credit growth, deposits jump 14.4% in March quarter

HDFC Bank reports 12% credit growth, deposits jump 14.4% in March quarter

by | Apr 4, 2026 | Business


The country’s second-largest lender HDFC Bank on Saturday reported a 12 per cent credit growth to Rs 29.6 lakh crore for the March quarter.

Its total advances were Rs 26.43 lakh crore at the end of March 31, 2025, HDFC Bank said in a regulatory filing.

The lender reported a 14.4 per cent rise in total deposits to Rs 31.05 lakh crore from Rs 27.14 lakh crore at the end of the fourth quarter of the preceding financial year.

During the period, CASA deposits recorded a growth of 12.3 per cent to Rs 10.6 lakh crore compared to Rs 9.4 lakh crore in the year-ago period, it said.

The bank’s period-end time deposits were approximately Rs 20.45 lakh crore as of March 31, 2026, a growth of around 15.5 per cent over Rs 17.7 lakh crore as of March 31, 2025.

During the quarter, Atanu Chakraborty abruptly resigned as chairman of the HDFC Bank, citing ethical concerns effective March 18.

This is the first time that the part-time chairman of HDFC Bank left in the middle, raising concerns over the functioning.

“Certain happenings and practices within the bank, that I have observed over the last two years, are not in congruence with my personal Values and Ethics. This is the basis of my aforementioned decision,” he had said in his resignation letter dated March 17.

In a letter addressed to the Chairman of Governance, Nomination, and Remuneration Committee, H K Bhanwala, Chakraborty said that “there are no other material reasons for my resignation other than those stated above”.

It is to be noted that Chakraborty was appointed part-time chairman effective May 5, 2021, almost a year after retirement as Economic Affairs Secretary.

His term was extended for another three years in 2024 till May 4, 2027.

Chakraborty, a 1985 batch IAS officer of Gujarat cadre, retired as Secretary of the Department of Economic Affairs in April 2020. Prior to that, he was the Secretary of the Department of Investment and Public Asset Management (DIPAM). Both departments come under the Finance Ministry.

Chakraborty became chairman during the reverse merger process of the bank with the parent entity HDFC Ltd, a leading mortgage firm in the country.

The merger of HDFC Ltd with HDFC Bank became effective on July 1, 2023, creating a financial behemoth with a combined balance sheet of over Rs 18 lakh crore.

Published on April 4, 2026



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