FY2026 Performance Review

Deposit Growth:

  • Total deposits grew by 11.4% year-on-year as of March 31, 2026
  • Term deposits grew by 12.2% year-on-year as of March 31, 2026
  • Average CASA deposits grew by 9.7% year-on-year in FY2026

Advances Growth:

  • Total advances grew by 15.8% year-on-year as of March 31, 2026

Asset Quality:

  • Asset quality remained stable with healthy PCR (Provision Coverage Ratio) of 75.8% as of March 31, 2026

Q1-2027 Key Highlights (as of June 30, 2026)

Profitability:

  • Profit before tax excluding treasury grew by 20.9% year-on-year to ₹189.75 billion
  • Profit after tax grew by 15.9% year-on-year to ₹148.05 billion

Deposit Performance:

  • Total period-end deposits grew by 14.0% year-on-year to ₹18,335.86 billion
  • Average deposits grew by 14.0% year-on-year to ₹17,480.28 billion in Q1-2027

Advances Growth:

  • Total advances grew by 19.6% year-on-year to ₹16,312.60 billion
  • Domestic advances grew by 18.8% year-on-year to ₹15,809.85 billion

Asset Quality & Provisions:

  • Net NPA ratio was 0.35%
  • Provision coverage ratio was 74.7%
  • Contingency provision of ₹131.00 billion held (0.8% of advances)

Capital Adequacy:

  • CET-1 ratio was 16.19%
  • Total capital adequacy ratio was 16.84%

Environmental, Social and Governance (ESG) Initiatives

Environmental Practices:

  • Progressing toward carbon neutrality target for Scope 1 & 2 emissions in own operations
  • Renewable energy in total electricity consumption increased to 48% in fiscal 2026 (FY2025: 38%), including through IRECs
  • Continued investment in rainwater harvesting, sewage treatment, and atmospheric water generation capacity
  • Improving circularity in water management

Social Impact:

  • Construction of new cancer care facilities in Navi Mumbai and Vishakhapatnam progressing well
  • Over 19.8 million individuals benefited through CSR initiatives in healthcare, livelihood, environment, and community development as of March 31, 2026

Governance & Transparency:

  • Reorganized mandates of Board's ESG & CSR Committee and Risk Committee to strengthen oversight on ESG action plan and climate-related risks/opportunities
  • Digital tool implemented for ESG data management, emissions calculation, and reporting

Forward-Looking Statements Disclaimer

The presentation contains forward-looking statements subject to risks and uncertainties including statutory and regulatory changes, international economic conditions, political instability, non-performing loans, interest rate changes, foreign exchange rates, equity prices, business growth, adequacy of credit loss allowances, demand for banking services, investment income, cash flow projections, market risk exposure, changes in India's sovereign rating, and other risks detailed in SEC filings.