• Growth and credit outlook: The bank targets 25% to 35% growth across assets, deposits, and profitability in FY27, supported by an expected 25% to 50% reduction in credit costs as microfinance stress eases.
• Margins and cost-to-income: Net interest margin guidance remains intact at 7.5% to 8%, while the cost-to-income ratio stands near 65% after excluding the 8% to 10% operational impact of CGFMU credit guarantee fees.
• Digital business expansion: Digital deposits have crossed ₹2,000 crore across 1.5 lakh customers and are expected to double in FY27, while credit on UPI has 3 lakh active users with anticipated monthly bad debts limited to 2% to 2.5%.
• Asset quality roadmap: Net NPA reached roughly 4.3% at the end of Q3 against a 3% target, but management expects metrics to normalize toward guidance once CGFMU claims are processed and set off against gross NPAs in Q1.