Financial Performance - Q2 FY27 vs Q2 FY26

  • Interest Income: ₹20,923 million (27% growth from ₹16,531 million in Q2 FY26)
  • Interest Expenses: ₹12,195 million (24% growth from ₹9,866 million)
  • Net Interest Income: ₹8,728 million (31% growth from ₹6,665 million)
  • Other Income: ₹3,501 million (35% growth from ₹2,592 million)
  • Operating Expenses: ₹5,620 million (23% growth from ₹4,551 million)
  • Establishment Expenses: ₹2,803 million (25% growth)
  • Other Expenses: ₹2,817 million (22% growth)
  • Operating Profit: ₹6,609 million (40% growth from ₹4,706 million)
  • Provision & Contingencies: ₹2,450 million (73% growth from ₹1,420 million)
  • Provision for Tax: ₹1,250 million (47% growth from ₹850 million)
  • Other Provisions: ₹1,200 million (111% growth from ₹570 million)
  • Net Profit: ₹4,159 million (27% growth from ₹3,286 million)

Financial Performance - H1 FY27 vs H1 FY26

  • Interest Income: ₹40,772 million (25% growth from ₹32,585 million)
  • Interest Expenses: ₹23,843 million (21% growth from ₹19,666 million)
  • Net Interest Income: ₹16,929 million (31% growth from ₹12,919 million)
  • Other Income: ₹5,938 million (18% growth from ₹5,030 million)
  • Operating Expenses: ₹10,452 million (20% growth from ₹8,734 million)
  • Operating Profit: ₹12,415 million (35% growth from ₹9,215 million)
  • Provision & Contingencies: ₹4,430 million (54% growth from ₹2,870 million)
  • Net Profit: ₹7,985 million (26% growth from ₹6,345 million)

Provisions & Contingencies Breakdown - Q2 FY27

  • Provision for Tax: ₹1,250 million
  • Provision for Bad Debts: ₹600 million
  • Provision for Standard Assets: ₹90 million
  • Provision for Contingencies: ₹500 million
  • Other Provisions: ₹10 million

Income & Expenses Breakup - Q2 FY27

Interest Income Breakdown:

  • Interest on Loans: ₹17,129 million (29% growth)
  • Interest on Investments: ₹3,284 million (14% growth)
  • Other Interest Income: ₹510 million (51% growth)

Interest Expenses Breakdown:

  • Interest Expense on Deposits: ₹11,279 million (18% growth)
  • Other Interest Expenses: ₹916 million (177% growth)

Other Income Breakdown:

  • CEB & Charges: ₹1,520 million (13% growth)
  • Treasury Income: ₹365 million (69% growth)
  • Other Income including recoveries in written off accounts: ₹1,616 million (57% growth)

Balance Sheet Position as of September 30, 2026

Liabilities:

  • Share Capital: ₹991 million (vs ₹741 million in Q2 FY26)
  • Reserves and Surplus: ₹110,934 million (vs ₹98,519 million)
  • Deposits: ₹838,931 million (21% growth from ₹694,860 million)
  • Borrowings: ₹52,804 million (142% growth from ₹21,827 million)
  • Other Liabilities & Provisions: ₹30,964 million (vs ₹28,077 million)
  • Total Liabilities: ₹1,034,624 million (23% growth from ₹844,024 million)

Assets:

  • Cash and Balances with RBI: ₹40,004 million (vs ₹48,477 million)
  • Balances with Banks & Money at call: ₹43,250 million (105% growth from ₹21,052 million)
  • Investments: ₹202,038 million (15% growth from ₹175,187 million)
  • Advances: ₹717,427 million (27% growth from ₹566,809 million)
  • Fixed Assets: ₹5,505 million (42% growth from ₹3,880 million)
  • Other Assets: ₹26,400 million (vs ₹28,619 million)

Capital Adequacy Position as of September 30, 2026

  • Credit Risk: ₹477,631 million
  • Market Risk: ₹1,505 million
  • Operational Risk: ₹59,351 million
  • Total Risk Weight: ₹538,487 million
  • Tier-I Capital: ₹110,019 million
  • Tier-II Capital: ₹4,459 million
  • Total Capital: ₹114,478 million
  • Tier-I CRAR: 20.43% (vs 20.71% in Sep-25)
  • Total CRAR: 21.26% (vs 21.68% in Sep-25)

Key Financial Indicators

  • Cost of Deposits: 5.56% (vs 5.71% in Q2 FY26)
  • Yield on Advances: 9.85% (vs 9.66%)
  • Yield on Investments: 6.56% (vs 6.43%)
  • Net Interest Margin: 3.87% (vs 3.63%)
  • Cost to Income: 45.96% (vs 49.16%)
  • Cost of Funds: 4.74% (vs 4.77%)
  • Yield on Funds: 8.13% (vs 7.99%)
  • Per Employee Profit (Annualized): ₹1.83 million (vs ₹1.65 million)

Advances Portfolio Composition

  • Agriculture (including JL): ₹119,374 million
  • MSME: ₹280,844 million (39% of loan book)
  • Retail (excluding Non Agri JL): ₹67,414 million
  • Non Agri Gold Loans: ₹115,733 million
  • Commercial Real Estate: ₹41,636 million
  • NBFC: ₹16,301 million
  • Loans to Business Enterprises: ₹19,837 million
  • Large Industries/Services: ₹22,605 million
  • All other Loans: ₹40,671 million

Gold Loan Portfolio

  • Gold Loan - Agriculture: ₹101,525 million
  • Gold Loan - Non-Agriculture: ₹115,733 million
  • Total Gold Loans: ₹217,258 million
  • % of Gold Loans to Gross Advances: 30%

Investment Portfolio

  • AFS: ₹60,193 million
  • HTM: ₹140,702 million
  • FVTPL (including HFT): ₹1,463 million
  • Total Investments: ₹202,358 million
  • 99% of Investments in SLR securities with yield of 7.03%
  • M-Duration of Total Portfolio: 4.19

Asset Quality Metrics

NPA Movement (in INR Million):

  • NPA Opening balance (H1 FY27): ₹12,731 million
  • Additions: ₹3,701 million (0.51% of Gross Advances)
  • Recovery made: ₹2,202 million
  • Upgradations: ₹1,417 million
  • Net Addition: ₹82 million (0.01% of Gross Advances)
  • Write-off: ₹2,383 million
  • NPA Closing balance: ₹10,430 million

Asset Quality Ratios:

  • Gross NPA %: 1.44% (vs 3.09% in Mar-26)
  • Net NPA %: 0.48% (vs 0.68% in Mar-26)
  • Credit cost (after adjusting TW income): -0.06%

Restructured Accounts

As of September 30, 2026, total outstanding restructured Standard borrower accounts were 528 in numbers amounting to ₹3,437 million (0.47% of Gross Advances).

Technology Adoption & New Offerings

  • Launched new "All In One" Mobile Banking App with 50+ services including UPI payments, QR code login, split payments
  • Official Credit Card Partner of Chennai Super Kings (CSK) and Official Banking Partner of Sunrisers Hyderabad (SRH)
  • Opened new Digital Banking Unit at ZOHO Corporation Campus inaugurated by Shri Sridhar Vembu

Branch Network & Presence

  • 1000+ branches across India with PAN-India presence
  • Focus on semi-urban, urban and unbanked rural areas

Shareholding Pattern as of September 30, 2026

  • Public: 30.55%
  • MF, IFI, Banks: 37.55%
  • FPI: 9.35%
  • QIB: 1.63%
  • Corp Bodies: 0.98%
  • NRI: 2.54%
  • Others: 17.40%

Major Institutional Shareholders:

  • HDFC AMC: 9.15%
  • SBI AMC: 8.39%
  • AXIS Mutual Fund: 4.96%
  • HSBC Mutual Fund: 3.33%
  • Edelweiss Fund: 3.69%
  • Kotak Funds: 3.18%
  • Vanguard Group: 2.10%

Corporate Governance

Board of Directors includes:

  • Shri. G. Mahalingam - Non-Executive Chairman (former RBI Executive Director and SEBI Whole Time Member)
  • Shri. R. Vijay Anandh - MD & CEO (28+ years banking experience)
  • Prof. V Kamakoti - Director (Director of IIT Madras, Padma Shri awardee)
  • Shri. K. Vaidyanathan - Director (Practising Company Secretary)
  • Shri. T.K. Ramkumar - Director (Banking law expert)
  • Smt. Lalitha Rameswaran - Director (Chartered Accountant)
  • Shri. V. Ramesh - Executive Director (40 years with CUB)
  • Shri. Krishnaswamy Subramanian - Director (Former TCS Global Head)
  • Shri. R Mohan - Director (Former CUB Chief General Manager)