Performance Overview
Q1 FY27 Financial Performance:
- Net Profit: ₹3,970 million (11% increase YoY from ₹3,580 million in Q1 FY26)
- Net Interest Income: ₹5,860 million (8.1% increase YoY from ₹5,420 million)
- Other Income: ₹1,890 million (16.7% increase YoY from ₹1,620 million)
- Operating Profit: ₹5,860 million (9.3% increase YoY from ₹5,360 million)
Balance Sheet Position (as of June 30, 2026):
- Total Assets: ₹983,886 million (23.3% increase YoY from ₹797,995 million)
- Share Capital: ₹991 million (increased from ₹741 million in Q1 FY26)
- Reserves and Surplus: ₹109,179 million (12.6% increase from ₹96,942 million)
- Deposits: ₹793,423 million (20.7% increase from ₹657,345 million)
- Borrowings: ₹51,703 million (196% increase from ₹17,460 million)
- Advances: ₹668,809 million (26.1% increase from ₹530,378 million)
Asset Quality Metrics:
- Gross NPA: 1.73% (improved from 3.09% in FY25 and 1.91% in Mar'26)
- Net NPA: 0.61% (improved from 1.25% in FY25 and 0.68% in Mar'26)
- NPA Closing Balance: ₹11,697 million (decreased from ₹12,731 million in Mar'26)
- Additions to NPA: ₹1,950 million (0.29% of gross advances)
- Recovery Made: ₹1,107 million
- Upgradations: ₹714 million
- Write-off: ₹1,163 million
Capital Adequacy (as of June 30, 2026):
- Total Risk Weight: ₹507,968 million
- Tier-I Capital: ₹106,515 million
- Tier-II Capital: ₹3,869 million
- Total Capital: ₹110,384 million
- Tier-I CRAR: 20.97%
- Total CRAR: 21.73%
Advances Portfolio Breakdown (in INR Million):
- Agriculture (including JL): ₹111,852
- MSME: ₹249,731 (37% of loan book)
- Retail (excluding Non Agri JL): ₹64,725
- Non Agri Gold Loans: ₹114,707
- Commercial Real Estate: ₹50,080
- NBFC: ₹16,847
- Loans to Business Enterprises: ₹18,827
- Large Industries/Services: ₹19,990
- All other Loans: ₹29,695
- Total Assets: ₹676,454
Gold Loan Portfolio Details:
- Total Gold Loan Book: ₹114,707 million as of June 30, 2026
- Average LTV at market price: 62.07%
- LTV at 20% price drop: 77.59%
- 1.93% of portfolio above market price
Investment Portfolio:
- Total Investments: ₹196,086 million
- AFS: ₹51,344 million
- HTM: ₹135,099 million
- FVTPL (including HFT): ₹9,642 million
- 95% of investments in SLR securities with yield of 6.64%
- Modified Duration: Total portfolio 4.22 (AFS: 3.23, HTM: 4.60, FVTPL: 3.66)
Provisions & Contingencies Breakdown (Q1 FY27):
- Provision for Tax: ₹1,200 million
- Provision for Bad Debts: ₹600 million
- Provision for Standard Assets: ₹180 million
- Total Provisions: ₹1,980 million
Restructured Accounts:
- As of June 30, 2026: 566 borrower accounts amounting to ₹4,464 million
- MSME: 70 borrowers, ₹2,096 million
- Non-MSME: 496 borrowers, ₹2,368 million
- % of restructured standard advances to gross advances: 0.66%
Branch Network:
- Total branches: 750+ across India
- Rural: 32%
- Semi-urban: 28%
- Urban: 25%
- Metropolitan: 15%
Shareholding Pattern (as of June 30, 2026):
- Promoters: 32.17%
- Public: 34.50%
- MF, IFI, Banks: 18.65%
- FPI: 9.14%
- QIB: 2.02%
- Corporate Bodies: 1.10%
- NRI: 2.42%
Top Institutional Shareholders:
- HDFC AMC: 9.32%
- SBI AMC: 8.26%
- Axis Mutual Fund: 4.93%
- HSBC Mutual Fund: 3.65%
- Edelweiss Fund: 3.04%
Board of Directors:
- Non-Executive Chairman: Shri. G. Mahalingam
- MD & CEO: Shri. R. Vijay Anandh
- Executive Director: Shri. V. Ramesh
- Directors: Prof. V Kamakoti, Shri. K. Vaidyanathan, Shri. T.K. Ramkumar, Smt. Lalitha Rameswaran, Shri. Krishnaswamy Subramanian, Shri. R Mohan
Strategic Initiatives:
- Focus on SME/MSME segment (37% of loan book)
- PAN-India presence with 120+ years of operation
- New digital offerings including ALL IN ONE Mobile Banking App
- Official Credit Card Partner of Chennai Super Kings (CSK)
- Official Banking Partner of Sunrisers Hyderabad (SRH)
- Received "Innovative Bank of the Year" award at India Banking Summit & Awards 2026