DBS Bank India profit jumps 49% on lower costs, better asset quality

DBS Bank India reported a 49% jump in profit for FY26, driven by a 10% decline in total expenses to Rs 9,571 crore and a 30% drop in provisions to Rs 434 crore. Asset quality improved sharply with gross NPAs falling to 1.34% from 2.78% a year earlier, while the loan book expanded to Rs 62,172 crore. The parent DBS Group infused Rs 1,600 crore of capital, and capital adequacy stood at a healthy 19.7%.