Key Business Overview & Scale

  • Total Business: ₹6,504.57 Bn with a CAGR of 16.69% (Mar22 to Jun26)
  • Total Deposits: ₹3,444.93 Bn with a CAGR of 13.34%
  • Global Advances: ₹3,059.64 Bn with a CAGR of 21.18%
  • Total Assets: ₹4,263.03 Bn with a CAGR of 15.55%
  • Branch Network: 2,816 global branches (including 1 GIFT IBU branch)
  • ATM Network: 2,731 ATMs
  • Geographical Presence: 28 States / 8 UTs
  • Employee Strength: 17,129 employees
  • Customer Base: 31 Mn customers

Profitability Metrics (Annualized for Jun`26)

  • PAT: ₹20.2 Bn, showing YoY growth of 26.84%
  • Net Interest Margin: 3.79%
  • Return on Equity (ROE): 24.65%
  • Return on Assets (ROA): 1.90%

Asset Quality Metrics (Jun`26)

  • Gross NPA: 1.45%
  • Net NPA: 0.13%
  • Provision Coverage Ratio (PCR): 98.55%
  • Credit Cost: 0.99%
  • Slippage Ratio: 1.23%

Capitalization & Liability Profile

  • Net Worth: ₹327.8 Bn
  • CRAR: 18.64%
  • Tier-1 Capital: 16.35%
  • CASA %: 48.51%
  • Cost of Funds: 4.01%

International Ratings

  • S&P Global: BBB (Stable)
  • Fitch: BBB- (Stable)

Business Segment Highlights

  • Retail Loan Share: 29% of total advances
  • RAM Portfolio: 63% of Domestic Advances
  • CASA %: 48.51%
  • Retail Term Deposit %: 64.82%
  • Branch Distribution: 59% branches outside Maharashtra, 48% in Metro & Urban Zones

Sector-wise Credit Deployment & NPA (Jun`26, ₹ in Bn)

| Sector | Advances | Sector NPA | Sector % NPA |

| Retail | 897 | 3 | 0.34 |

| Agriculture | 423 | 32 | 7.58 |

| MSME | 554 | 9 | 1.60 |

| Total RAM | 1,873 | 44 | 2.35 |

| Corporate & Others | 1,105 | 0 | 0.04 |

| Advances Domestic | 2,979 | 44 | 1.49 |

| Advances Overseas | 81 | - | - |

| Global Advances | 3,060 | 44 | 1.45 |

Retail Sector NPA Breakdown (Jun`26, ₹ in Bn)

| Category | Advances | Sector NPA | Sector % NPA |

| Housing | 516 | 1 | 0.22 |

| Education | 3.0 | 0 | 0.14 |

| Vehicle | 6.7 | 0 | 0.20 |

| Others | 284 | 2 | 0.61 |

| Total Retail Credit | 897 | 3 | 0.34 |

MSME Sector NPA Breakdown (Jun`26, ₹ in Bn)

| Category | Advances | Sector NPA | Sector NPA % |

| Micro | 301 | 7 | 2.23 |

| Small | 161 | 2 | 1.20 |

| Medium | 9.2 | 0 | 0.23 |

| Total Credit MSME | 554 | 9 | 1.60 |

Financial Performance (₹ in Bn)

Quarterly Performance (Jun26 vs Jun25)

| Particulars | Jun25 | Jun26 | Y-o-Y % |

| Total Income | 79 | 91 | 15 |

| Interest Income | 71 | 80 | 14 |

| Non-Interest Income | 8 | 10 | 25 |

| Total Expenses | 53 | 59 | 12 |

| Interest Expenses | 38 | 43 | 13 |

| Operating Expenses | 15 | 17 | 13 |

| Operating Profit | 26 | 31 | 21 |

| Provision & Contingencies | 10 | 11 | 12 |

| Net Profit | 16 | 20 | 27 |

Annual Performance (Mar26 vs Mar25)

| Particulars | Mar25 | Mar26 | Y-o-Y % |

| Total Income | 284 | 328 | 16 |

| Interest Income | 249 | 293 | 17 |

| Non-Interest Income | 35 | 35 | 3 |

| Total Expenses | 191 | 220 | 15 |

| Interest Expenses | 133 | 156 | 18 |

| Operating Expenses | 58 | 64 | 10 |

| Operating Profit | 93 | 108 | 16 |

| Provision & Contingencies | 38 | 38 | 0 |

| Net Profit | 55 | 70 | 27 |

Income Breakdown (Quarter Ended Jun`26, ₹ in Bn)

  • Interest on Advances: ₹63 (16% YoY growth)
  • Interest on Investment: ₹17 (16% YoY growth)
  • Other Interest Income: ₹0 (71% YoY decline)
  • Fee Based Income: ₹5 (13% YoY growth)
  • Treasury Income: ₹3 (38% YoY growth)
  • Recovery in written off accounts: ₹3 (37% YoY growth)
  • Other Miscellaneous Income: ₹0 (34% YoY decline)

Provisions Breakdown (Quarter Ended Jun`26, ₹ in Bn)

  • Provision for Performing Assets: ₹8
  • Provision for Standard/Restructured Assets: ₹1
  • Provision for Non-performing Investment: -₹0
  • Other provisions (net of write back): ₹0
  • Income Tax DTA & write back (net): ₹3
  • TOTAL PROVISIONS: ₹11

Balance Sheet Position (₹ in Bn)

Assets (Jun`26)

  • Cash & Balance with RBI: ₹149
  • Balances with Bank & Call Money: ₹5
  • Total Investments (Net of Depreciation & Provision): ₹1,005
  • Total Advances (Net of Provision): ₹3,019
  • Total Fixed Assets (Net of Depreciation): ₹2.9
  • Other Assets: ₹5.6
  • Total Assets: ₹4,263

Liabilities (Jun`26)

  • Capital: ₹7.7
  • Reserves & Surplus: ₹279
  • Deposits: ₹3,445
  • Borrowings: ₹387
  • Other Liabilities & Provisions: ₹7.5
  • Total Liabilities: ₹4,263

Key Financial Ratios Trend

| Ratio | Mar22 | Mar23 | Mar24 | Mar25 | Mar26 | Jun26 |

| CASA % | 57.85% | 53.38% | 52.73% | 53.28% | 52.51% | 48.51% |

| NIM % | 3.15% | 3.56% | 3.92% | 4.00% | 3.90% | 3.79%* |

| RoA % | 0.55% | 1.10% | 1.50% | 1.75% | 1.86% | 1.90%* |

| RoE % | 11.45% | 20.38% | 23.83% | 22.92% | 23.19% | 24.65%* |

| GNPA | 3.94% | 2.47% | 1.88% | 1.74% | 1.45% | 1.45% |

| CRAR | 16.48% | 18.14% | 17.38% | 20.53% | 18.36% | 18.64% |

| Tier 1 | 12.38% | 14.25% | 13.72% | 16.86% | 15.41% | 16.35% |

| Yield on Advances | 7.29% | 8.04% | 8.94% | 9.21% | 9.03% | 8.57%* |

| Cost of Deposits | 3.70% | 3.70% | 4.34% | 4.66% | 4.52% | 4.38%* |

| Cost of Funds | 3.35% | 3.44% | 3.95% | 4.22% | 4.15% | 4.01%* |

*Annualized

Digital Initiatives

  • Zen Lyfe Mobile Banking App: New app with 20+ features including FurEver Account, NCMC services, AEPS, multi-language support (11 languages)
  • Digital Sanctions: Implementation of digital processes
  • Digital MUDRA STP CC: Paperless working capital finance up to ₹1 Mn for NTB customers
  • Vehicle Loan for NTB: End-to-end digital onboarding with minute-level approval
  • UPI: Enabled cash withdrawal through BC channel
  • Digital Onboarding & Video KYC: 100% digital customer onboarding
  • Central Bank Digital Currency: PIN-less transactions (₹500 per transaction, max ₹2000 per day), TOTP authentication, continuous SIM monitoring

Growth Strategies

  • Improvement in credit quality through business and technological integration
  • Emphasis on core Retail, Agriculture, and MSME business through collaboration (Co-lending partnership)
  • Adopting Digital Platform for onboarding of customers, operations & compliance
  • Increase in share of wallet / No. of products per customer
  • Strategize and innovate to increase non-interest income
  • Containing delinquency and improving NPA & Written-off loan recovery
  • Focus on increasing profitability
  • Open new Branches & Customer Service Points to broad base the bank's network
  • Capacity building up of Staff to take future challenges

Board of Directors

  • Nidhu Saxena: Managing Director & Chief Executive Officer (26+ years experience)
  • Prabhat Kiran: Executive Director (30 years experience)
  • Sushanta Kumar Mohanty: Executive Director (30+ years experience)
  • Sanjeev Prakash: RBI Nominee Director (25+ years at RBI)
  • Prasenjeet Shrikrishna Fadnavis: Shareholder Director (Technocrat with 30+ years experience)
  • Abhijit Phukon: Government Nominee Director (Indian Economic Service officer)
  • Praveen Kumar: Shareholder Director (36+ years experience in insurance & banking)
  • Naresh Kumar Vashisht: Part-time Non-official Director

ESG Initiatives

Green Finance

  • Maha Super Green Housing Loan Scheme: ₹2.03 Bn as of Jun`26
  • Maha Super Green Car Loan Scheme: ₹4.65 Bn for E-Vehicle as of Jun`26
  • Roof Top Solar Scheme – PM Surya Ghar: ₹3.76 Bn as of Jun`26
  • Renewable energy: ₹56.59 Bn as of Jun`26
  • Green Deposit: ₹964.5 Mn as of Jun`26

E-Waste Management

  • Total E-waste collected: ~316 Ton as of Jun`26
  • Total E-waste recycled: ~316 Ton as of Jun`26
  • Total reduction of Carbon Emissions: ~418 Ton as of Jun`26

Adoption of Green Energy

  • Solar panels installed at Head office & 24 premises
  • 18,38,379 units (kWh) of electricity generated through solar installations as of Jun`26
  • ₹23 Mn saved on electricity through solar installations as of Jun`26

Credit Assistance

  • Agricultural sector: ₹422.89 Bn as of Jun`26
  • Priority sector: ₹1,171.01 Bn as of Jun`26
  • Women beneficiaries: ₹287.76 Bn as of Jun`26

Corporate Social Responsibility

  • ₹38 Mn contributed under various Social & Environmental initiatives/activities as of Jun`26
  • 16,522 trees planted nationwide as of Jun`26

Recent Awards

  • "Best Mid-Sized Bank" award at Business Today Banking & Economy Summit 2026
  • 'Best Public Sector Bank at National Level for 2025' by State Forum of Bankers Club, Kerala
  • Public Sector Bank of the Year in Institutional Category at FE Best Banks Awards
  • IBEX India BFSI Tech Awards 2026 with four recognitions
  • Dhanam Best Bank of the Year Award at South India's BFSI event 2025
  • IBA Awards in five different categories at 21st Annual Banking Technology Conference 2024-25