• Margin and profitability: Net interest margins increased from 2.64% to 2.80%, supported by an 18 bps decline in deposit costs, an increase in the CD ratio from 74% to 84%–86%, and the shedding of ₹33,000 crore in IBPC and lower-yielding loans.
• Balance sheet strengthening: The bank allocated ₹800 crore over the last two quarters (₹700 crore in the previous quarter and ₹100 crore in the latest) to strengthen the balance sheet outside of standard profit and PCR metrics.
• FCNR deposit targets: Management aims to raise $1.5 billion to $2 billion (around ₹20,000 crore) in FCNR deposits after raising $106 million without leveraging, supported by LCR and NSFR levels averaging above 121%.
• Growth outlook: Deposit growth is projected at 8% to 9% going forward, while credit growth across RAM and corporate portfolios is targeted to match or exceed the industry average.