• Advances and diversification: Gross advances grew 19% to ₹22,426 crore, driven by expanding the secured book from 53% to 61% and scaling the MSME, Agri, Retail, and Gold (MARG) portfolio to 56% to lower microfinance concentration.
• Deposit base: Total deposits rose 11% to ₹25,850 crore, with retail deposits making up 92% and non-callable bulk deposits bringing the effective retail-like funding base close to 99%.
• Microfinance segment recovery: The 15% sequential growth in the microfinance portfolio represents a sustained recovery, supported by a 98.5% collection efficiency alongside significant reductions in slippages and SMA accounts.
• Credit cost outlook: Credit costs declined from 6.72% to 4.1% and are anticipated to reduce further, assuming no major external or climate-related disruptions.