New Delhi: The country’s largest private lender HDFC Bank has reported a net profit of Rs 19,221 crore during the fourth quarter of the last financial year, up 9.1% from Rs 17,616 crore a year ago, while the full year net profit rose to Rs 74,671 crore from Rs 67,347 crore, a rise of 10.9%. The board recommended a final dividend of Rs 13 per share (face value Rs 1) for FY26, taking the total payout to Rs 15.50 per share.In the post-result earnings call, HDFC Bank MD and CEO said the bank is advocating retaining interim Chairman Keki Mistry for a period beyond three months, but there are certain processes to be followed before making recommendations to the regulator. Mistry was appointed interim chairman last month following the sudden resignation of former chairman Atanu Chakraborty citing conflict over values and ethics, which was rejected by the bank. On misselling, Jagadeesan said the concerns stemmed from “misperception”, stressing that the bank has put in place strong guardrails on selling third-party products since 2015-16. These include pre-verification, geotagging and video verification to ensure customers understand the products and are not pressured into buying them, as well as explicit exclusions that bar sales to certain segments such as marginal borrowers and very senior citizens, he said, adding that the processes are robust and can be publicly disclosed over time. Meanwhile, ICICI Bank’s full-year net profit crossed Rs 50,000 crore for the first time. The second-largest private bank reported a net profit of Rs 13,701.7 crore for the quarter ended March 31, 2026, up 8.5% from Rs 12,629.6 crore in the year-ago period, following improvement in asset quality. Full year net profit for FY26 rose 6.2% to Rs 50,146.6 crore from Rs 47,227 crore in FY25. The board has recommended a dividend of Rs 12 per share. The bank reported net interest income of Rs 22,979.1 crore, an increase of 8.4% compared to Rs 21,192.9 crore. Yes Bank reported net profit of Rs 1,068 crore for the March 2026 quarter, up 44.8% from Rs 738 crore a year ago, supported by lower credit costs and better operating performance. For the full year, net profit rose 44.5% to Rs 3,476 crore, while return on assets rose to 0.8% from 0.6% last year. In his first earnings call, the bank’s new Managing Director and CEO Vinay Tonse outlined a strategy focused on profitability, asset quality and disciplined expansion, as the bank continues to improve its balance sheet and take advantage of strategic investments by Japan’s SMBCs. Tonsey said his initial assessment points to “strong alignment of purpose among stakeholders” and a bank that has stabilized after a long restructuring phase. “We will build on what is working well, strengthen areas that need greater focus and pursue thoughtful, calibrated and sustainable growth,” the managing director said.