• Credit growth drivers: Advances grew by more than 20%, led by robust gold loan demand and a roughly 15% second-half recovery in the MSME segment following the rollout of Credit Management Centers and a new loan management system.
• Asset quality profile: Gross NPAs reached a 40-quarter low below 1%, supported by a 99.90% secured lending portfolio where unsecured loans represent only ₹55 crore out of ₹53,000 crore and the ₹25,000 crore gold loan book holds just ₹12 crore in stress.
• Geopolitical exposure: Direct exposure to external crisis-affected regions is limited to roughly ₹55 crore, leaving management comfortable and seeing ample room to continue expanding the agri and MSME books.
• ECL framework impact: The transition to the expected credit loss model is estimated to have a ₹279 crore impact on capital adequacy and profit as of March 31, 2026, which can be spread across five years per RBI guidelines.