Key Financial Performance Metrics (Q1 FY27 vs Q1 FY26)

Profit & Loss Account:

  • Net Interest Income: ₹4,685 crores (vs ₹4,640 crores in Q1 FY26)
  • Fee and other income: ₹1,787 crores (vs ₹2,157 crores in Q1 FY26)
  • Net Revenue: ₹6,471 crores (vs ₹6,797 crores in Q1 FY26)
  • Operating expenses: ₹3,698 crores (vs ₹4,229 crores in Q1 FY26)
  • Pre-Provision Operating Profit (PPOP): ₹2,773 crores (vs ₹2,567 crores in Q1 FY26)
  • Net profit: ₹1,037 crores (vs ₹604 crores in Q1 FY26)

Balance Sheet (as of June 30, 2026 vs June 30, 2025):

  • Total balance sheet: ₹5,54,926 crores (vs ₹5,39,552 crores)
  • Deposits: ₹4,14,766 crores (vs ₹3,97,144 crores)
  • CASA deposits: ₹1,22,060 crores (29.43% of total deposits)
  • Current Account: ₹34,620 crores
  • Savings Account: ₹87,440 crores
  • Retail deposits (LCR): ₹1,90,166 crores (vs ₹1,82,898 crores as on March 31, 2026)
  • Advances: ₹3,26,274 crores (vs ₹3,33,694 crores)
  • Net worth: ₹64,798 crores (vs ₹62,961 crores)

Key Ratios:

  • Net Interest Margin: 3.57% (vs 3.46% in Q1 FY26)
  • Yield on Assets: 8.62% (vs 9.15% in Q1 FY26)
  • Cost of Fund: 5.05% (vs 5.69% in Q1 FY26)

Asset Quality

  • Gross NPA: 3.25% of gross advances (vs 3.43% as on March 31, 2026 and 3.64% as on June 30, 2025)
  • Net NPA: 0.95% of net advances (vs 1.00% as on March 31, 2026 and 1.12% as on June 30, 2025)
  • Provision Coverage Ratio: 71.42% (vs 70% in Q1 FY26)
  • Provisions and contingencies (other than tax): ₹1,384 crores (vs ₹1,760 crores in Q1 FY26)

Capital Adequacy

  • Total Capital Adequacy Ratio (Basel III): 17.15% (vs 16.63% as on June 30, 2025)
  • Tier 1 CRAR: 16.10% (vs 15.48% as on June 30, 2025)
  • Risk-Weighted Assets: ₹4,06,618 crores (vs ₹4,09,810 crores a year ago)
  • Liquidity Coverage Ratio: 127% average for Q1 FY27 (vs 141% for Q1 FY26)

Subsidiaries and Consolidation

The financial results include the financial results of wholly owned subsidiary Bharat Financial Inclusion Limited (BFIL), a business correspondent involved in originating small ticket loans for the Bank, and IndusInd Marketing and Financial Services Private Limited (IMFS), an associate of the Bank.

Network and Distribution

As of June 30, 2026:

  • Branches/Banking outlets: 3,137 (vs 3,110 as of June 30, 2025)
  • ATMs (onsite and offsite): 2,853 (vs 3,052 as of June 30, 2025)
  • Client base: Approximately 42 million customers

Management Commentary

Mr. Rajiv Anand, MD and CEO, stated that the Bank continued to execute strategic priorities with emphasis on disciplined growth, balance sheet resilience and franchise quality. The Bank is building a diversified portfolio across retail, SME and rural businesses, including expanding the rural franchise beyond microfinance. Investments in technology and AI-led capabilities are enhancing customer experience and overall productivity.

Additional Information

The Bank holds clearing bank status for BSE and NSE, settlement bank status for NCDEX, and is an empanelled banker for MCX. The Bank has representative offices in Dubai and Abu Dhabi.

Domestic Ratings:

  • CARE A1+ for Certificate of Deposits
  • CRISIL A1+ for certificate of deposit program / short term FD programme
  • CRISIL AA+ for Infrastructure Bonds program/Tier 2 Bonds
  • IND AA+ for Issuer Rating by India Ratings and Research
  • IND AA+ for Senior bonds program/Tier 2 Bonds by India Ratings and Research

International Rating:

  • Ba1 for Senior Unsecured MTN programme by Moody's Investors Service