Financial Performance Highlights (Q1 FY27 vs Q1 FY26)

  • Net Profit increased by 49.32% to ₹1,659 crore (from ₹1,111 crore)
  • Operating Profit increased by 14.21% to ₹2,693 crore (from ₹2,358 crore)
  • Net Interest Income (NII) increased by 34.30% to ₹3,688 crore (from ₹2,746 crore)
  • Domestic Net Interest Margin (NIM) increased to 3.48% from 3.17% (31 bps improvement)
  • Global Net Interest Margin (NIM) increased to 3.37% from 3.04% (33 bps improvement)
  • Return on Assets (ROA) increased to 1.41% from 1.14% (27 bps improvement)
  • Return on Equity (ROE) increased to 22.69% from 19.00% (369 bps improvement)

Business Growth Metrics

  • Total Business increased by 17.72% to ₹6,98,325 crore
  • Total Deposits increased by 13.72% to ₹3,76,193 crore
  • Domestic CASA ratio stood at 41.45%
  • Global CASA ratio stood at 41.05%
  • Savings Bank (SB) Deposits increased by 18.14% to ₹1,27,262 crore
  • Retail Term Deposit (RTD) increased by 15.81% to ₹1,86,882 crore

Credit Growth Performance

  • Total Credit increased by 22.75% to ₹3,22,132 crore
  • RAM Segment (Retail, Agri, MSME) grew by 35.82% YoY
  • Retail segment growth: 36.49%
  • Agriculture segment growth: 46.84%
  • MSME segment growth: 16.15%

Asset Quality Improvement

  • Gross NPA reduced to 1.33% (from 1.97% in June 2025)
  • Net NPA reduced to 0.18% (from 0.32% in June 2025)
  • Total slippages during the quarter reduced to ₹195 crore
  • Slippage ratio at historic low of 0.06% for the quarter
  • Total NPA Recovery stood at ₹654 crore during the quarter, which is 3.35 times the quarterly slippages
  • Provision Coverage Ratio (PCR) increased by 20 bps to 97.67%

Capital Adequacy

  • CRAR increased by 108 bps to 19.36% (from 18.28% in June 2025)
  • Tier I Capital stood at 16.88%

Branch Network Expansion

  • The Bank expanded its domestic network to 3,522 branches
  • Added 28 new branches during the quarter

Quarterly Comparative Performance (Table Data)

The bank provided detailed comparative performance metrics showing improvements across all key parameters:

  • Net Profit showed sequential growth of 10.23% from Q4 FY26 (₹1,505 crore to ₹1,659 crore)
  • Operating Profit grew 1.05% sequentially
  • Net Interest Income grew 6.28% sequentially
  • Credit Cost reduced to 0.14% from 0.30% in previous quarter
  • CASA Deposit grew 2.30% sequentially to ₹1,54,415 crore
  • Total Advances grew 3.77% sequentially to ₹3,22,132 crore

Location and Date

Document issued from Chennai on July 20, 2026