Key Financial Performance (Q2 FY27 vs Q2 FY26)

  • Net Profit: ₹411.97 crore, increased from ₹294.52 crore in Q2 FY26 (40% YoY growth)
  • Total Income: ₹3,746.52 crore, increased from ₹3,373.28 crore in Q2 FY26 (11% YoY growth)
  • Interest Earned: ₹3,394.48 crore, increased from ₹2,998.87 crore in Q2 FY26
  • Other Income: ₹352.04 crore, decreased from ₹374.41 crore in Q2 FY26
  • Operating Profit: ₹617.45 crore, increased from ₹505.06 crore in Q2 FY26
  • Provisions (excl tax): ₹52.11 crore, decreased from ₹147.67 crore in Q2 FY26
  • Tax Expense: ₹153.37 crore, increased from ₹62.87 crore in Q2 FY26

Key Financial Performance (H1 FY27 vs H1 FY26)

  • Net Profit: ₹743.48 crore, increased from ₹563.68 crore in H1 FY26 (32% YoY growth)
  • Total Income: ₹7,292.24 crore, increased from ₹6,752.67 crore in H1 FY26
  • Interest Earned: ₹6,607.85 crore, increased from ₹5,909.53 crore in H1 FY26

Asset Quality Indicators (as of September 30, 2026)

  • Gross NPA: ₹26,362 crore (2.09% of advances), improved from ₹30,818.90 crore (2.92%) in Q2 FY26
  • Net NPA: ₹7,508 crore (0.61% of advances), improved from ₹8,541.30 crore (0.83%) in Q2 FY26
  • Provision Coverage Ratio: 92.48%, improved from 91.88% in Q2 FY26

Capital Adequacy (Basel III as of September 30, 2026)

  • CAR: 16.55%, decreased from 17.19% in Q2 FY26
  • CET1 Ratio: 15.49%, increased from 15.32% in Q2 FY26
  • Additional Tier 1 Ratio: 0.00% (unchanged)

Shareholding Pattern

  • Government Holding: 93.85% (unchanged)
  • Public Holding: 6.15% (unchanged)
  • Pledged Shares: Nil

Segment Performance (Q2 FY27)

  • Treasury: Revenue ₹875.05 crore, Profit ₹140.66 crore
  • Corporate/Wholesale Banking: Revenue ₹1,070.15 crore, Profit ₹209.95 crore
  • Retail Banking: Revenue ₹1,791.40 crore, Profit ₹347.66 crore
  • Digital Banking (sub-segment): Revenue ₹0.13 crore, Loss ₹0.48 crore
  • Other Banking Operations: Revenue ₹9.92 crore, Profit ₹9.92 crore

Significant Accounting Policies and Disclosures

  • The Bank discontinued maintenance of Investment Fluctuation Reserve (IFR) per RBI directions dated May 18, 2026, transferring ₹354.21 crore to General Reserve
  • Net Deferred Tax Assets of ₹1,032.88 crore recognized as of September 30, 2026
  • Provision of ₹230.27 crore held for NPA borrowal accounts under insolvency process
  • MSME restructured accounts: 852 accounts with ₹46.30 crore exposure and ₹15.11 crore provision
  • COVID-19 restructured accounts: 4,077 accounts with ₹424.39 crore exposure and ₹89.08 crore provision
  • Food credit provision: ₹7.43 crore for Punjab State Government exposure
  • Fraud cases: 6 cases reported in Q2 FY27 with ₹719.30 crore involved, ₹5.87 crore provision made
  • Unhedged Foreign Currency Exposure provision: ₹6.44 crore
  • Listed debt securities: ₹4,237.30 crore outstanding (all unsecured)