• Net interest margins: Management expects full-year NIM to hold steady between 3.70% and 3.75%, tapering slightly from the 3.78% reported in the previous quarter without any sharp decline.
• Return ratio targets: The bank is targeting an exit RoA of 1.6%–1.65%, an RoE between 15% and 15.5%, and an exit cost-to-income ratio of 47%, while sustaining growth 2%–3% above broader credit growth.
• Asset quality outlook: Recoveries are projected to continue outpacing slippages, with full-year slippages estimated at ₹700–₹750 crore and SME 2 stress remaining below 1%.
• Portfolio and expansion: Gold loans comprise 30%–31% of the book at a conservative 62%–63% average LTV, while branch expansion will be moderated to exit the year at 1,000–1,005 branches before resuming next year.