• Loan growth trajectory: Management views the 20% loan growth rate as sustainable through FY27 across corporate, business banking, and mortgage portfolios, with the corporate segment projected to rise from 21% to 25% of the book over three years.
• Profitability and margins: Full-year NIM guidance has been revised upward to 5.8%, while full-year ROA is guided above 1% supported by a 500 basis point operating jaw, with a long-term ROA target of 1.6% to 1.7% in three to four years.
• Asset quality trends: Gross NPAs improved to 1.51% and SMA dropped to 0.77%, enabling full-year credit cost guidance to lower to 150–160 basis points despite prudent buffer provisioning against geopolitical and monsoon risks.
• ECL capital impact: The implementation of ECL norms starting April 1, 2027 is expected to be capital-neutral at transition, as additional provisioning will be offset by corresponding reductions in risk-weighted assets.