Total Loan Assets (Loans & Advances + Credit Substitutes) reached ₹3,05,370 crore, up 21% YoY and 5% QoQ.
Loans & Advances stood at ₹2,97,834 crore.
Credit Substitutes amounted to ₹7,537 crore.
Cards in Force crossed 4.8 million.
The Bank serves 39 million customers through multiple channels.
The Mobile Banking App is rated #1 in India with 4.9 on Android and 4.8 on IOS, featuring in Global Top-5 Mobile Banking Apps with 31.4 Mn+ App Registrations and 2.95 Mn+ Reviews.
Key drivers: Diversified product suite across Retail, Agri, MSME, and Corporate Banking; technology-driven lending; and strong deposit franchise growth.
Segment-wise Performance
Retail Finance: ₹1,79,192 crore, up 21.5% YoY and 4.5% QoQ.
Mortgage Loans: ₹62,480 crore, up 8.1% YoY.
Vehicle Loans: ₹34,144 crore, up 26.4% YoY.
Consumer Loans: ₹57,834 crore, up 27.3% YoY.
Education Loan: ₹3,630 crore, up 10.1% YoY.
Credit Card: ₹9,580 crore, up 18.6% YoY.
Gold Loan: ₹4,892 crore, up 103.0% YoY.
Others: ₹6,633 crore, up 91.7% YoY.
Rural Finance: ₹24,427 crore, up 2.1% YoY.
Micro-finance Loans: ₹6,698 crore, down 19.8% YoY.
Business Finance (MSME): ₹37,499 crore.
Wholesale Loans: ₹64,252 crore, up 30.4% YoY.
Business Banking (Property Backed Working Capital): ₹12,961 crore, up 27.8% YoY.
CV & CE Financing: ₹10,614 crore, up 27.6% YoY.
Business Loans (Term loans to Small Businesses): ₹13,924 crore, down 1.1% YoY.
Explanation: Growth was driven across most segments, particularly in Vehicle, Consumer, and Gold loans. The Microfinance segment degrowth has bottomed out and begun to grow on newer guardrails.
Financial Highlights
Revenue: Not explicitly stated as a single line item.
Interest Income: ₹11,051 crore, up 14.6% YoY.
Net Interest Income (NII): ₹5,972 crore, up 21.1% YoY.
Fee & Other Income: ₹2,128 crore, up 22.9% YoY.
Trading Gain: ₹181 crore, down 63.5% YoY.
Operating Income (Ex. Trading gain): ₹8,100 crore, up 21.5% YoY.
Operating Expense: ₹5,729 crore, up 16.4% YoY.
Pre-Provisioning Operating Profit (PPOP): ₹2,553 crore, up 14.0% YoY.
Core PPOP (Ex. Trading gain): ₹2,371 crore, up 36.0% YoY.
Provisions: ₹1,144 crore, down 31.1% YoY.
Profit Before Tax (PBT): ₹1,409 crore, up 142.8% YoY.
Profit After Tax (PAT): ₹1,075 crore, up 132.4% YoY.
EPS: Not Specified.
Margins: NIM was 5.96% (Gross of IBPC & Sell-down). Risk Adjusted NII (Net Interest Income Less Provisions as % to Average Total Assets) was provided but value not specified.
YoY/QoQ comparison: Strong growth across all key profitability metrics YoY. Sequentially, PAT grew 237.0% from Q4 FY26, which was impacted by a fraud incident.
Drivers of financial performance: Higher NII and fee income growth, lower provisions, and operating leverage.
Comparison to market estimates: Not Specified.
Key Risks: Macro and geopolitical uncertainties; raw material price hikes; regulatory risks.
Geographical Revenue Split
Domestic vs Export/Regional Revenue: Not Specified.
Financial Health Insights: Strong growth in customer deposits and net worth; high CASA ratio at 50.8%; reduced reliance on wholesale funding.
Capex & Cash Flow Health
Capital Expenditure: Not Specified.
Free Cash Flow: Not Specified.
Operating Cash Flow: Not Specified.
Net Debt Movement: Not Specified.
Investment Rationale: Focus on building branch infrastructure, digital platforms, and other capabilities for long-term growth.
Strategic & R&D Initiatives
Investments in Innovation: Leveraging India's digital public infrastructure (Account Aggregator, GST data, India Stack); use of advanced tech in credit underwriting (Deep Learning, Machine Learning, Generative AI).
Expected impact on growth: Not quantitatively specified, but aimed at accessing larger markets and maintaining asset quality.
Strategic Rationale: To build a world-class bank with ethical, digital, and social good principles; diversify loan book; and strengthen deposit franchise.
Industry Trends & Business Environment
Macro/Industry Trends: Credit growth of the Banking Industry has grown by 3X in 10 years to reach ₹215 lac crore.
Impact on Company: The Bank is positioned to benefit from the long runway for growth in the Indian banking sector, particularly in retail, agri, and MSME segments.
Management Commentary & Growth Outlook
Strategic Outlook: "To Build A World Class Bank in India with Principles of Ethical, Digital & Social Good Banking".
FY Guidance: Not explicitly stated, but the Bank aims for stable balance sheet growth of ~20%, robust asset quality, and high teens ROE.
Market Share Targets: Not Specified.
Risks and Opportunities: Macro and geopolitical uncertainties highlighted; the MFI portfolio degrowth has bottomed out and is expected to contribute to future growth.
ESG Updates
Green Deposits: ₹1,980 Cr raised; ₹1,270 Cr live portfolio as of Jun'26.
Clean Transportation: 45,141 number of EVs financed in Q1 FY27.
Renewable Energy: ₹2,296 Cr live portfolio in financing towards renewable energy as of Jun'26.
Green Power: 5.6 lakh+ sq. ft. carpet area connected to green power.
Financial Inclusion: ₹24,427 Cr live portfolio in rural financing.
Women Borrowers: 68 lakh+ active women borrowers under rural lending.
Board Diversity: 18% of Directors are women.
Board Independence: ~73% of Directors are Independent Directors.
