1. Scale phase of SBS 2030 - The bank enters the FY27-FY30 "Building for Scale" phase, targeting a mid-sized bank by 2030. Management guides steady-state RoA of 1.4-1.5% and RoE above 15%, with cost-to-income improving toward 50% by FY29-30.
2. Gold loan franchise expansion - Gold loan portfolio grew 47% YoY to ₹21,906 crore in Q1 FY27, with a new income-generating gold loan product (working capital against gold collateral) now launching. Management targets gold at 30% of the book by 2030, with at least 5% as working-capital loans - a new, higher-yield segment.
3. Wholesale banking build-out - Wholesale book grew 37% to ₹9,979 crore in FY26, with FIPS concentration cut from \~70% to one-third and transaction banking systems (Vayana supply chain, Aurion Pro CMS) coming online within 3-4 months. The restructured vertical-led model targeting 30-40% each across Corporate, Commercial, and FIPS opens a larger addressable corporate market.
4. Retail asset product launches - Two retail products launched (School Fee Financing, Loan Against Security backed by mutual funds), with meaningful retail asset growth targeted from Q4 FY27/Q1 FY28. Retail is currently only 9% of the book, so even modest share gains on a ₹40,000+ crore advance book move earnings.
5. Branch network expansion - Network reached 868 branches in June 2026, adding 40-50 annually toward the 1,000-branch milestone, with new branches concentrated in deposit-rich North and West regions. Kerala's branch share has fallen from 52% to \~33%, reducing geographic concentration risk.
6. NRI vertical - A dedicated NRI vertical with a Dubai representative office (Chief Representative Officer finalized) targets at least 20% of deposits from NRI sources, up from \~13%. India's $144.8 billion remittance inflows in FY26 make this a large, growing liability pool.
7. Fee income build-out - Fee income reached ₹216 crore in Q1 FY27, up 13% YoY, with management guiding \~16-17% of overall income for the full year. Processing fees grew 83% YoY and bancassurance income 31%, with \~80% of fees now granular and recurring.