• Margin guidance: Sequential NIM contraction was driven by late-March deposit costs flowing into Q1 alongside normalized slippages, but management remains confident in achieving its full-year NIM target of 3.75% or higher.
• Asset quality targets: Despite quarter-on-quarter elevated slippages in a small balance sheet, the bank maintains guidance of credit costs below 50 basis points, gross NPA below 2%, and net NPA below 1%.
• Promoter stake speculation: Management clarified that there has been no communication from promoter Fairfax or the board regarding media reports about Fairfax bidding for an IDBI Bank stake or exiting CSB Bank.
• Gold loan mix: Currently at 54% of the book, gold loans are targeted to reach approximately 30% of the total mix by 2030 by accelerating retail, wholesale, and SME growth rather than shrinking the gold portfolio.