The earnings season got over last month. Before we analyse the quarterly performance of listed Indian banks, let's take a look at how they performed in FY26. The combined net profit of listed private and public sector banks is Rs 3.94 trillion, the highest ever, 7.47 per cent higher than in FY25. The private banks' collective net profit is up 4.02 per cent to Rs 1.96 trillion and that of public sector banks by 11.13 per cent to Rs 1.98 trillion. All figures are rounded off. All PSBs have recorded a rise in net profit for the year -- the quantum of rise varies between 1.65 per cent (Punjab National Bank) and 56.18 per cent (Indian Overseas Bank). In contrast, four private banks have reported a drop in net profit. They are IndusInd Bank Ltd (64.69 per cent), Bandhan Bank Ltd (55.43 per cent), Kotak Mahindra Bank Ltd (14.85 per cent) and Axis Bank Ltd (7.27 per cent).