Summary of Key Information:

Reporting Period (Quarter/Year): Quarter and Half Year ended September 30, 2026 (Q2 FY27)

Nature of Filing / Announcement: Outcome of Board Meeting - Unaudited Financial Results under SEBI LODR Regulations

Audit Opinion:

The Limited Review Report by the joint statutory auditors, V. Sankar Aiyar & Co and V. Singhi & Associates, states that nothing has come to their attention that causes them to believe the Statement contains any material misstatement. The opinion is clean/unmodified.

Key Financial Highlights [Unit: ₹ lakhs]:

Standalone Results:

Quarter Ended September 30, 2026 (Q2 FY27):

  • Revenue from Operations (Interest Earned): ₹5,75,355.86 (Q2 FY26: ₹5,35,383.12; +7.5% YoY)
  • Other Income: ₹70,486.18 (Q2 FY26: ₹54,644.10; +29.0% YoY)
  • Total Income: ₹6,45,842.04 (Q2 FY26: ₹5,90,027.22; +9.5% YoY)
  • Net Profit: ₹62,175.05 (Q2 FY26: ₹11,187.14; +456% YoY)
  • EPS (Basic & Diluted): ₹3.86 (Q2 FY26: ₹0.69)

Half Year Ended September 30, 2026 (H1 FY27):

  • Revenue from Operations (Interest Earned): ₹11,38,411.06 (H1 FY26: ₹10,82,944.17; +5.1% YoY)
  • Other Income: ₹1,30,869.02 (H1 FY26: ₹1,27,232.10; +2.9% YoY)
  • Total Income: ₹12,69,280.08 (H1 FY26: ₹12,10,176.27; +4.9% YoY)
  • Net Profit: ₹1,12,341.92 (H1 FY26: ₹48,383.34; +132% YoY)
  • EPS (Basic & Diluted): ₹6.97 (H1 FY26: ₹3.00)

Profitability Analysis:

  • Operating Profit (before provisions): Q2 FY27: ₹1,55,640.54 (Q2 FY26: ₹1,31,035.48; +19% YoY); H1 FY27: ₹2,91,450.90 (H1 FY26: ₹2,97,875.45; -2% YoY)
  • Provisions (other than tax) & Contingencies: Q2 FY27: ₹71,753.75 (Q2 FY26: ₹1,15,256.37; -38% YoY); H1 FY27: ₹1,40,012.36 (H1 FY26: ₹2,29,946.90; -39% YoY)
  • Net Interest Income (NII) [Press Release]: Q2 FY27: ₹2,960 crore (₹29,600 lakhs) (Q2 FY26: ₹2,589 crore; +14% YoY); H1 FY27: ₹5,881 crore (₹58,810 lakhs) (H1 FY26: ₹5,346 crore; +10% YoY)
  • Net Total Income [Press Release]: Q2 FY27: ₹3,665 crore (₹36,650 lakhs) (Q2 FY26: ₹3,135 crore; +17% YoY); H1 FY27: ₹7,190 crore (₹71,900 lakhs) (H1 FY26: ₹6,618 crore; +9% YoY)

Balance Sheet Items (as of September 30, 2026):

  • Paid-up equity share capital: ₹1,61,114.73 lakhs
  • Reserves & Surplus: ₹24,53,054.81 lakhs (Audited as of Mar 31, 2026: ₹23,64,534.28 lakhs)
  • Deposits: ₹1,72,68,834.77 lakhs (₹1.73 lakh crore) (Sep 30, 2025: ₹1,58,07,463.63 lakhs; +9% YoY)
  • Borrowings: ₹10,00,846.39 lakhs
  • Advances: ₹1,54,60,046.42 lakhs (₹1.58 lakh crore gross as per press release) (Sep 30, 2025: ₹1,34,59,278.51 lakhs; +13% YoY)
  • Cash and cash equivalents: ₹14,40,860.60 lakhs (Cash with RBI: ₹12,19,609.55 + Balances with Banks: ₹2,21,251.05)

Asset Quality:

  • Gross NPAs: ₹4,91,903.38 lakhs (Sep 30, 2025: ₹7,01,513.10 lakhs)
  • Net NPAs: ₹1,41,652.12 lakhs (Sep 30, 2025: ₹1,84,354.91 lakhs)
  • Gross NPA Ratio: 3.11% (Sep 30, 2025: 5.02%)
  • Net NPA Ratio: 0.92% (Sep 30, 2025: 1.37%)
  • Provision Coverage Ratio (including write-offs) [Press Release]: 86.7%

Capital Adequacy:

  • Capital Adequacy Ratio (CRAR): 18.32% (Jun 30, 2026: 18.15%; Mar 31, 2026: 18.04%)

Segment-wise Performance [Unit: ₹ lakhs]:

Segment Revenue for Q2 FY27:

  • Treasury: ₹68,941.94
  • Retail Banking: ₹5,61,940.30
  • Wholesale Banking: ₹87,791.16
  • Other Banking Operations: ₹15,550.54

Segment Results (Profit/(Loss) Before Tax) for Q2 FY27:

  • Treasury: ₹27,882.63 (Profit)
  • Retail Banking: ₹46,237.05 (Profit) (Q2 FY26: Loss of ₹4,776.08)
  • Wholesale Banking: ₹(5,153.57) (Loss)
  • Other Banking Operations: ₹14,920.68 (Profit)

Segment Assets as of September 30, 2026:

  • Treasury: ₹51,43,769.53
  • Retail Banking: ₹1,16,23,393.04
  • Wholesale Banking: ₹44,32,299.32
  • Other Banking Operations: ₹6,169.00

Corporate Actions:

  • Dividend: Not declared in this announcement.
  • Share Allotment: During the quarter, the Bank allotted 69,348 Equity Shares of ₹10 each upon exercise of stock options, aggregating to ₹94.10 lakhs. Share capital increased by ₹6.93 lakhs and share premium increased by ₹87.17 lakhs. An amount of ₹22.32 lakh was transferred from 'Employee stock options outstanding' to 'Securities premium' account.

Other Significant Information:

  • Network: As of September 30, 2026, the Bank had 2,001 Branches, 4,414 Banking Units, and 438 ATMs (over 6,400 total banking outlets per press release).
  • Employees: Over 75,000 employees (per press release).
  • Collection Efficiency: 99.3% for EEB loans in Q2 FY27 (per press release).
  • Secured Advances: Constituted over 57% of total advances (per press release).
  • Retail Growth: Retail book (ex-housing) grew 42% YoY; Wholesale Banking grew 32% YoY (per press release).
  • CASA Ratio: 27% (CASA Deposits: ₹46,132 crore) (per press release).
  • CASA + Retail Term Deposits: 73% of total deposits (per press release).
  • Net Interest Margin (NIM): 6.2% for H1 FY27 (per press release).
  • Return on Assets (RoA): 1.1% for H1 FY27 (annualised) (per press release).
  • Return on Equity (RoE): 8.5% for H1 FY27 (annualised) (per press release).