• NIM outlook: Net interest margin is guided to remain above 3% for the current financial year, following a Q4 compression caused by the December repo rate cut and EBLR portfolio adjustments.
• Asset quality: Credit cost guidance is maintained at 50 basis points with NPAs at decadal lows, as fourth-quarter slippages were mitigated by approximately ₹850 crore in subsequent pullbacks.
• Credit growth target: The bank expects broad-based credit growth of 13–15% in FY27, backed by a corporate pipeline of over ₹5 trillion across undrawn limits and term loan discussions.
• Capital and liquidity: There is no requirement for an equity capital raise because the CRAR of over 15% can support ₹12 trillion in loan growth, supported by nearly ₹3 trillion in excess SLR.
• ECL framework impact: The transition to the expected credit loss model is not anticipated to create major provisioning pressure due to RBI's smooth transition timeline, with concrete estimates expected in Q2.