The Bank delivered a strong all-round performance for the quarter and nine months ended December 31, 2025, registering healthy growth in business volumes, profitability, asset quality, and operational efficiency, reflecting sustained momentum across core banking segments.
Strong Business Growth
As on December 31, 2025, the Bank’s total business stood at ₹5,53,680 crore, marking a 13.25% year-on-year (YoY) growth. Gross advances increased sharply by 16.74% YoY to ₹2,43,594 crore, while total deposits grew by 10.64% YoY to ₹3,10,086 crore.
The Credit-to-Deposit ratio improved to 78.56%, compared with 74.45% a year earlier, indicating better credit deployment.
CASA and Liquidity Position Strengthen
Total CASA deposits stood at ₹1,12,083 crore, registering an 11.49% YoY growth, while the CASA ratio improved by 44 basis points to 38.41%, supporting lower funding costs and improved margins.
Improved Profitability in Q3 FY26
For the quarter ended December 31, 2025, the Bank reported a net profit of ₹739 crore, up 15.65% YoY, compared with ₹639 crore in the same period last year.
Operating profit rose 5.93% YoY to ₹1,680 crore, while Net Interest Income (NII) increased 11.27% YoY to ₹2,646 crore.
Net Interest Margin (NIM) remained healthy, with global NIM at 3.08% and domestic NIM at 3.27%. The cost of funds declined by 27 basis points to 4.48%, while yield on advances stood at 8.06%.
The cost-to-income ratio improved significantly by 330 basis points to 52.20%, reflecting enhanced operational efficiency.
Return on Assets (ROA) improved to 0.83%, up 12 basis points quarter-on-quarter, while fee-based income surged 29.91% YoY to ₹430 crore.
Nine-Month Performance Remains Steady
For the nine months ended December 31, 2025, operating profit rose 11.92% YoY to ₹4,856 crore, while net profit grew 9.70% YoY to ₹1,967 crore.
NII increased 9.38% YoY to ₹7,582 crore, with ROA for the period standing at 0.75%. Fee-based income grew 22.46% YoY to ₹1,216 crore.
RAM Segment Drives Credit Expansion
Advances in the Retail, Agriculture and MSME (RAM) segment rose 25.86% YoY to ₹1,43,919 crore, underscoring the Bank’s focus on granular and diversified lending.
Retail advances grew 28.18% YoY to ₹64,159 crore, supported by strong growth in home loans (18.79%) and vehicle loans (73.50%).
Agriculture advances increased 24.69% YoY to ₹34,954 crore, while MSME advances rose 23.56% YoY to ₹44,806 crore.
Asset Quality Continues to Improve
Asset quality indicators showed marked improvement. Gross NPA declined by 50 basis points YoY to 2.41%, while Net NPA reduced by 27 basis points YoY to 0.36% as on December 31, 2025.
The Provision Coverage Ratio stood at a robust 97.32%, with tangible PCR at 85.47%, while the slippage ratio for the quarter remained contained at 0.85%.
Capital and Operational Efficiency
The Bank maintained a strong capital position, with Capital Adequacy Ratio (CRAR) at 17.43% and Tier-I capital at 15.41%.
Operational metrics also improved, with business per employee rising to ₹26.12 crore and business per branch increasing to ₹166.32 crore.
Extensive Branch Network Supports Inclusion
As on December 31, 2025, the Bank operated 3,327 domestic branches, along with two overseas branches each in Hong Kong and Singapore, and a representative office in Iran. Notably, 61.25% of domestic branches are located in rural and semi-urban areas, reinforcing the Bank’s commitment to financial inclusion.
Overall, the Bank’s consistent growth in core banking parameters, improving profitability, strengthening asset quality, and expanding RAM portfolio position it well for sustained performance in the coming quarters.