Financial Performance Overview

Q2 FY27 vs Q2 FY26 (YoY Comparison)

  • Net Profit increased by 14.71% YoY to ₹3,462 Cr in Sep'26 from ₹3,018 Cr in Sep'25
  • Operating Profit grew by 46.58% YoY to ₹7,090 Cr in Sep'26 from ₹4,837 Cr in Sep'25
  • Net Interest Income (NII) increased by 17.83% YoY to ₹7,719 Cr in Sep'26 from ₹6,551 Cr in Sep'25
  • Non-Interest Income registered strong growth of 59% YoY, reaching ₹3,953 Cr for the quarter
  • Return on Assets (RoA) stood at 1.31%
  • Return on Equity (RoE) stood at 19.65%
  • Earnings Per Share (EPS) increased to ₹102.82 in Sep'26 from ₹89.63 in Sep'25

Q2 FY27 vs Q1 FY26 (QoQ Comparison)

  • Net Profit increased by 5.77% QoQ to ₹3,462 Cr in Sep'26 from ₹3,273 Cr in Jun'26
  • Fee-based income grew by 10.76% QoQ to ₹1,030 Cr in Sep'26 from ₹930 Cr in Jun'26
  • Yield on Investments (YoI) improved by 2 bps QoQ to 6.98% in Sep'26 from 6.96% in Jun'26
  • Cost-to-income ratio improved by 555 bps to 39.25% in Sep'26 from 44.80% in Jun'26
  • Net Interest Margin (NIM) Domestic stood at 3.42% in Sep'26

H1 FY27 vs H1 FY26 Performance

  • Net Profit up by 12.42% YoY to ₹6,735 Cr in H1FY27 from ₹5,991 Cr in H1FY26
  • Operating Profit grew by 31.65% YoY to ₹12,647 Cr in H1FY27 from ₹9,607 Cr in H1FY26
  • Net Interest Income up by 17.38% YoY to ₹15,154 Cr in H1FY27 from ₹12,910 Cr in H1FY26
  • Net Interest Margin (NIM) Domestic stood at 3.41% in H1FY27, improvement of 6 bps over H1FY26 level of 3.35%
  • Return on Assets (RoA) stood at 1.31 in H1FY27
  • Credit Cost improved by 5 bps YoY to 0.22% in H1FY27 from 0.27% in H1FY26
  • Return on Equity (RoE) stood at 19.57% in H1FY27

Business Growth Metrics

Advances Performance

  • Gross Advances grew by 16.39% YoY to ₹721,982 Cr in Sep'26 from ₹620,324 Cr in Sep'25
  • RAM (Retail, Agriculture & MSME) advances grew by 17.74% YoY to ₹442,302 Cr in Sep'26 from ₹375,660 Cr in Sep'25
  • RAM contribution to gross domestic advances stood at 67.04%
  • Retail advances grew by 17.37% YoY
  • Agriculture advances grew by 17.18% YoY
  • MSME advances grew by 19.06% YoY
  • Home Loan (including mortgage) grew by 12.33% YoY in Sep'26
  • Priority sector advances as a percentage of ANBC stood at 48.67% at ₹257,647 Cr in Sep'26 against regulatory requirement of 40%
  • Yield on Advances (YoA) stood at 8.17% in Sep'26

Deposits Performance

  • Total Deposits increased by 12.50% YoY to ₹874,036 Cr in Sep'26 from ₹776,946 Cr in Sep'25
  • Current deposits grew by 27.48% YoY
  • Savings deposits grew by 11.55% YoY
  • CASA deposits grew by 13.77% YoY
  • Domestic CASA ratio stood at 39.36% as on September 30, 2026
  • Cost of Deposit stood at 4.89% in Sep'26
  • Bank strategically reduced its Bulk deposit (including CD) by 5.60% on QoQ basis, from ₹1.62 lakh Cr in Jun'26 to ₹1.52 lakh Cr in Sep'26
  • Bank mobilized fresh FCNR(B) Deposits amounting to ₹22,486 Cr
  • Bank raised OFCB of ₹3,806 Cr

Total Business

  • Total business increased by 14.22%, reflecting broad-based momentum across all segments
  • Credit-Deposit (CD) ratio stood at 82.60% as on September 30, 2026

Asset Quality Indicators

  • Gross NPA (GNPA) decreased by 99 bps YoY to 1.61% in Sep'26 from 2.60% in Sep'25
  • Gross NPA decreased by 25 bps QoQ to 1.61% in Sep'26 from 1.86% in Jun'26
  • Net NPA (NNPA) reduced by 2 bps YoY to 0.14% in Sep'26 from 0.16% in Sep'25
  • Net NPA reduced by 1 bps QoQ to 0.14% in Sep'26 from 0.15% in Jun'26
  • Provision Coverage Ratio (PCR, including TWO) stood at 98.22% in Sep'26
  • Slippage Ratio contained to 0.69% in Sep'26 compared to 0.79% in Sep'25

Capital Adequacy

  • Capital Adequacy Ratio stood at 16.21%
  • CET-I stood at 15.18%
  • Tier I Capital stood at 15.18% in Sep'26

Digital Banking and Network

Branch Network

  • 6,017 domestic branches (including 3 DBUs)
  • Branch distribution: 2,013 Rural, 1,611 Semi-Urban, 1,196 Urban, 1,197 Metro category
  • 3 overseas branches & 1 IBU (Gift City Branch)
  • 5,678 ATMs & BNAs
  • 18,379 Business Correspondents (BCs)

Digital Performance

  • Digital adoption reached 96% of total transactions
  • ₹1,45,344 Cr business generated through Digital Channels in H1FY27
  • 164 Digital Journeys, Utilities and Processes launched, accounting for 19.31%
  • Mobile Banking users grew by 26% YoY, reaching 2.66 Cr
  • UPI users increased by 20% YoY, reaching 2.89 Cr
  • Net Banking users increased by 2% YoY, reaching 1.20 Cr
  • Fastag users increased by 135%
  • POS users increased by 50%

Awards & Accolades

  • Winner of "Best PSB Award 2024-25" by Financial Express
  • MD & CEO received "CEO of the Year" award at Tamil Nadu Business Leader of the Year, 2025
  • APY Annual Award of Excellence for achieving 104% of APY target in FY26
  • SKOCH Golden Award for "IB SAATHI" and Silver Award for "Security Operations"
  • Second prize in Rajbhasha Kirti Puraskar for FY 2024-25
  • Golden Peacock Award for Excellence in Artificial Intelligence for 2026
  • Chief Financial Officer honored as Best CFO in Bank (Mid Cap category) at DSIJ's 2026 CFO Awards
  • Winner under "Overall Performance-Bank" in class of Best Public Sector Bank (Medium) at ASSOCHAM

Strategic Focus

The bank aims to make daily banking simple, quick, and accessible for all customers by continuously improving digital platforms and streamlining processes to deliver transparent, hassle-free services, keeping customer convenience at the center of digital growth to become the most trusted banking partner for individuals, farmers, and businesses.