Summary of Key Information:

Reporting Period: Quarter and Half Year ended September 30, 2026

Nature of Filing / Announcement: Outcome of Board Meeting - Financial Results

Date of Board Meeting / Approval: October 26, 2026

Audit Opinion: Unmodified opinion (clean)

Auditor's Comment: No qualifications or modifications affecting earnings quality, internal controls, or going concern

Key Financial Highlights [Rs. in lakhs]

Standalone Results:

Quarter ended September 30, 2026:

  • Revenue from Operations: Not separately specified (Total Income: ₹205,240)
  • Total Income: ₹205,240 (compared to ₹162,146 in Q2 FY26 - 26.6% YoY increase)
  • EBITDA: Not specified
  • Net Profit: ₹45,114 (compared to ₹31,751 in Q2 FY26 - 42.1% YoY increase)
  • EPS: ₹28.49 (basic and diluted)
  • Other Equity: Not specified
  • Cash and Cash Equivalents: ₹361,929 as of September 30, 2026
  • Debt: Borrowings of ₹222,930 as of September 30, 2026

Half Year ended September 30, 2026:

  • Revenue from Operations: Not separately specified (Total Income: ₹395,319)
  • Total Income: ₹395,319 (compared to ₹323,893 in H1 FY26 - 22.1% YoY increase)
  • Net Profit: ₹86,265 (compared to ₹62,240 in H1 FY26 - 38.6% YoY increase)
  • EPS: ₹54.48 (basic and diluted)

Interest Income Breakdown (Quarter ended September 30, 2026):

  • Interest/discount on advances/bills: ₹149,335
  • Income on investments: ₹31,600
  • Interest on balances with Reserve Bank of India and other inter bank funds: ₹1,067
  • Others: ₹14
  • Total Interest Earned: ₹182,016

Other Income (Quarter ended September 30, 2026):

  • Other income: ₹23,224 (includes commission, exchange, brokerage, locker rent, processing fees, profit/loss on sale of investments, revaluation of investments, sale of fixed assets, exchange transactions, and Income from sale of Priority Sector Lending Certificate)

Expenditure (Quarter ended September 30, 2026):

  • Interest expended: ₹101,299
  • Operating expenses: ₹39,786
  • Employees cost: ₹19,309
  • Other operating expenses: ₹20,477
  • Total Expenditure: ₹141,085

Profitability Metrics:

  • Operating Profit: ₹64,155 (Q2 FY26: ₹45,243 - 41.8% YoY increase)
  • Operating Margin: 31.26%
  • Net Profit Margin: 21.98%
  • Return on Assets: 2.18%

Asset Quality:

  • Gross NPA: ₹37,167 (0.61% of advances)
  • Net NPA: ₹8,359 (0.14% of advances)
  • Provision Coverage Ratio: 77.49% without technical write-off, 96.61% with technical write-off

Capital Adequacy (Basel III):

  • Capital Adequacy Ratio: 32.39%
  • Common Equity Tier 1 (CET) ratio: 31.36%
  • Additional Tier 1 ratio: Not applicable

Balance Sheet Position (as at September 30, 2026):

  • Capital: ₹15,835
  • Reserves and Surplus: ₹1,061,101
  • Deposits: ₹6,954,583
  • Borrowings: ₹222,930
  • Other Liabilities and Provisions: ₹340,693
  • Total Liabilities: ₹8,595,142
  • Cash and Balances with Reserve Bank of India: ₹253,152
  • Balance with Banks and Money at Call and Short Notice: ₹108,777
  • Investments: ₹1,880,005
  • Advances: ₹6,042,904
  • Fixed Assets: ₹31,415
  • Other Assets: ₹278,889
  • Total Assets: ₹8,595,142

Segment-wise Performance [Rs. in lakhs]:

Quarter ended September 30, 2026:

  • Treasury Revenue: ₹38,784; Segment Results: ₹2,620
  • Corporate/Wholesale Banking Revenue: ₹17,881; Segment Results: ₹6,234
  • Retail Banking Revenue: ₹148,575; Segment Results: ₹51,959

Segment Assets (as at September 30, 2026):

  • Treasury: ₹2,004,078
  • Corporate/Wholesale Banking: ₹887,759
  • Retail Banking: ₹5,601,002
  • Unallocated: ₹102,303

Corporate Actions:

Dividend declarations: Not specified in this results announcement

Share split/bonus issue/buyback: Not specified

Capital raising: Not specified

Legal Matter:

  • Pursuant to order dated July 9, 2026 from SAFEMA Appellate Tribunal, penalty on Bank reduced from ₹1,699 lakhs to ₹340 lakhs, and on Directors/Executives from ₹225 lakhs to ₹39 lakhs
  • The Bank reversed ₹1,545 lakhs in provisions during the quarter following this order

Other Significant Information:

  • The Bank realized ₹24,467 lakhs from sale of PSLC during half year, with ₹9,368 lakhs recognized in other income
  • The Bank paid ₹316 lakhs for purchase of PSLC during half year, with ₹45 lakhs recognized in other expenditure
  • The Bank received ₹50,000 lakhs under Inter Bank Participation Certificate (IBPC)
  • ESOP expenses of ₹16.50 lakhs recognized for the half year
  • No subsidiaries/associates/joint ventures as on September 30, 2026

Investor Complaints:

  • Complaints unresolved at beginning of quarter: 0
  • Complaints received during quarter: 1
  • Complaints resolved during quarter: 1
  • Complaints unresolved at end of quarter: 0

Audit Information:

  • Financial results reviewed by Audit Committee and approved by Board of Directors
  • Limited Review conducted by Joint Statutory Central Auditors: Sundaram & Srinivasan (FRN:004207S) and Chandran & Raman (FRN:000571S)
  • Unmodified opinion issued
  • Pillar 3 disclosures (Leverage Ratio, LCR, NSFR) available on bank's website but not reviewed by auditors