Financial Results for the Quarter/Half Year ended 30th September 2026

Quarterly Performance (Q2 FY27)

Profitability Metrics:

  • Net Profit: ₹1,912 crore, increased by 55.95% YoY (from ₹1,226 crore in Q2 FY26) and 15.25% QoQ (from ₹1,659 crore in Q1 FY26)
  • Operating Profit: ₹3,016 crore, increased by 25.67% YoY (from ₹2,400 crore) and 11.99% QoQ (from ₹2,693 crore)
  • Net Interest Income (NII): ₹3,867 crore, increased by 26.41% YoY (from ₹3,059 crore) and 4.85% QoQ (from ₹3,688 crore)
  • Non-Interest Income: Not separately quantified for quarter

Key Ratios (Q2 FY27):

  • Net Interest Margin (Domestic): 3.49%, increased by 14 bps YoY (from 3.35%) and 1 bps QoQ (from 3.48%)
  • Net Interest Margin (Global): 3.37%, increased by 16 bps YoY (from 3.21%) and maintained QoQ (from 3.37%)
  • Return on Assets (ROA): 1.53%, increased by 33 bps YoY (from 1.20%) and 12 bps QoQ (from 1.41%)
  • Return on Equity (ROE): 24.58%, increased by 463 bps YoY (from 19.95%) and 189 bps QoQ (from 22.69%)
  • Cost to Income Ratio: 40.78%, improved by 498 bps YoY (from 45.76%) and 1317 bps QoQ (from 53.95%)

Asset Quality (Q2 FY27):

  • Gross NPA Ratio: 1.19%, reduced by 64 bps YoY (from 1.83%) and 14 bps QoQ (from 1.33%)
  • Net NPA Ratio: 0.16%, reduced by 12 bps YoY (from 0.28%) and 2 bps QoQ (from 0.18%)
  • Provision Coverage Ratio (PCR): 97.69%, improved by 21 bps YoY (from 97.48%) and 2 bps QoQ (from 97.67%)
  • Slippage Ratio: 0.07%, reduced by 4 bps YoY (from 0.11%) but increased by 1 bps QoQ (from 0.06%)
  • Credit Cost: 0.17%, reduced by 1 bps YoY (from 0.18%) but increased by 3 bps QoQ (from 0.14%)
  • NPA Recovery: ₹647 crore during the quarter, which is 2.95 times the quarterly slippages

Capital Adequacy (Q2 FY27):

  • CRAR: 18.60%, increased by 66 bps YoY (from 17.94%) but decreased by 76 bps QoQ (from 19.36%)
  • CET-1 Ratio: 16.26%

Business Growth (Q2 FY27):

  • Global Business: ₹7,53,078 crore, increased by 22.05% YoY and 7.84% QoQ
  • Global Advances: ₹3,45,650 crore, increased by 24.35% YoY and 7.30% QoQ
  • RAM Segment: Increased by 34.51% YoY, comprising:
  • Retail: 33.77% growth
  • Agri: 47.31% growth
  • MSME: 13.80% growth
  • Global Deposits: ₹4,07,428 crore, increased by 20.16% YoY and 8.30% QoQ
  • CASA Deposits: ₹1,65,862 crore, increased by 20.73% YoY and 7.41% QoQ
  • Savings Bank Deposits: ₹1,31,408 crore, increased by 18.11% YoY and 3.26% QoQ
  • Current Account Deposits: ₹34,454 crore, increased by 31.87% YoY and 26.89% QoQ
  • Domestic CASA Ratio: 41.14% (13 bps improvement YoY, but 31 bps decline QoQ)
  • Global CASA Ratio: 40.71% (19 bps improvement YoY, but 34 bps decline QoQ)
  • Retail Term Deposits: ₹1,93,189 crore, increased by 12.72% YoY and 3.37% QoQ

Half-Year Performance (H1 FY27)

Profitability Metrics:

  • Net Profit: ₹3,572 crore, increased by 52.85% YoY (from ₹2,337 crore in H1 FY26)
  • Operating Profit: ₹5,710 crore, increased by 20.01% YoY (from ₹4,758 crore)
  • Net Interest Income (NII): ₹7,555 crore, increased by 30.15% YoY (from ₹5,805 crore)
  • Non-Interest Income: ₹3,387 crore, increased by 19.01% YoY (from ₹2,846 crore)

Key Ratios (H1 FY27):

  • Net Interest Margin (Domestic): 3.48%, increased by 22 bps YoY (from 3.26%)
  • Net Interest Margin (Global): 3.37%, increased by 25 bps YoY (from 3.12%)
  • Return on Assets (ROA): 1.46%, increased by 29 bps YoY (from 1.17%)
  • Return on Equity (ROE): 23.83%, increased by 443 bps YoY (from 19.40%)
  • Slippage Ratio: 0.14%, decreased by 8 bps YoY (from 0.22%)