Key Financial Figures (Standalone - in lakhs)

  • Interest Earned: ₹11,05,109 (Q1 FY27) vs ₹9,64,214 (Q1 FY26)
  • Interest/discount on advances/bills: ₹9,43,845
  • Income on investments: ₹1,47,518
  • Interest on balances with RBI and other inter-bank funds: ₹6,109
  • Others: ₹7,637
  • Other Income: ₹2,30,943 (includes non-fund based income, fees, earnings from foreign exchange and derivative transactions)
  • Total Income: ₹13,36,052
  • Interest Expended: ₹5,07,869
  • Operating Expenses: ₹5,72,926
  • Employees cost: ₹1,69,619
  • Other operating expenses: ₹4,03,307
  • Total Expenditure (excluding provisions): ₹10,80,795
  • Operating Profit: ₹2,55,257
  • Provisions and Contingencies (Net): ₹1,14,388
  • Profit Before Tax: ₹1,40,869
  • Tax Expense: ₹33,373
  • Net Profit After Tax: ₹1,07,496

Comparative Performance

  • Net profit increased to ₹1,07,496 lakhs in Q1 FY27 from ₹46,257 lakhs in Q1 FY26 (132% increase)
  • Operating profit improved to ₹2,55,257 lakhs from ₹2,23,937 lakhs YoY
  • Provisions reduced to ₹1,14,388 lakhs from ₹1,65,912 lakhs YoY

Capital Structure

  • Paid-up Equity Share Capital: ₹8,61,474 lakhs (Face Value ₹10 per share)
  • Increased from ₹7,33,433 lakhs in Q1 FY26 due to issuance of 1,30,36,546 equity shares pursuant to exercise of options under Employee Stock Option Scheme during the quarter

Analytical Ratios

  • Government of India Shareholding: 7.74%
  • Capital Adequacy Ratio (Basel III): 15.05%
  • Earnings Per Share (Basic): ₹1.25
  • Earnings Per Share (Diluted): ₹1.24
  • Gross NPAs: ₹4,50,979 lakhs (1.51% of gross advances)
  • Net NPAs: ₹1,28,622 lakhs (0.44% of net advances)
  • Return on Assets (annualized): 1.05%
  • Net Worth: ₹47,44,212 lakhs
  • Debt-Equity Ratio: 0.33
  • Total Debts to Total Assets: 9.83%

Segment-wise Performance (Standalone)

  • Treasury: Profit before tax of ₹41,510 lakhs
  • Wholesale Banking: Profit before tax of ₹40,949 lakhs
  • Retail Banking: Profit before tax of ₹55,684 lakhs
  • Digital Banking: Profit before tax of ₹6,586 lakhs
  • Other Retail Banking: Profit before tax of ₹62,970 lakhs
  • Other Banking Business: Profit before tax of ₹8,766 lakhs
  • Unallocated: Loss of ₹12,626 lakhs

Key Developments

1. Asset Quality: The Bank's current asset quality performance remains healthy across key Retail, Rural and SME portfolios with delinquency indicators largely stable or improving.

2. Contingency Provision: The Bank strengthened its balance sheet by voluntarily creating a contingency provision of ₹515.00 crore (₹51,500 lakhs) during the quarter ended June 30, 2026, considering evolving macroeconomic and geopolitical uncertainties.

3. Fraud Incident Resolution: The forensic review of the fraud incident at a particular branch in Chandigarh (recognized as an expense of ₹645.59 crore in Q4 FY26) was completed during the quarter. The findings reaffirm that unauthorized transactions were processed through collusion of certain employees/ex-employees, and no further material financial adjustments are needed beyond the amount already recognized.

4. Credit Guarantee Claims: The Bank received claim proceeds aggregating ₹514.82 crore from National Credit Guarantee Trustee Company Limited (NCGTC) under the Credit Guarantee Fund for Micro Units (CGFMU) Scheme, accounted under "Provisions and Contingencies."

5. Loan Transfers/Acquisitions:

  • Transferred loans not in default: Aggregate ₹813.15 crore with weighted average residual maturity of 12.12 years
  • Acquired loans not in default: Aggregate ₹2,113.72 crore with weighted average residual maturity of 0.42 years

Consolidated Financial Highlights

  • Net Profit After Tax: ₹1,48,155 lakhs for Q1 FY27
  • Total Income: ₹13,36,069 lakhs
  • The consolidation includes IDFC FIRST Bharat Limited (subsidiary) and excludes Millennium City Expressways Private Limited (associate) due to unavailability of interim financial information

Pillar 3 Disclosures

The Bank has made Pillar 3 disclosures including leverage ratio, liquidity coverage ratio and net stable funding ratio under Basel III framework available on its website. These disclosures have not been reviewed by the auditors.