Transcript of Media Meet and Analyst Meet Q1 FY 2026-27

AI summary - Q1 FY27 global business at INR 30.5 lakh crore, +15.4% YoY; advances +17.4% YoY - Domestic deposit growth +14.7%, CASA ratio at 37.72%; credit-deposit ratio 83.31% - Operating profit INR 8,127 Cr; net profit INR 1,278 Cr after USD 600 million NMC settlement - Asset quality robust: GNPA 1.99%, Net NPA 0.50%, credit cost 0.29%, slippage 0.91% - Capital adequacy strong: CET1 13.9%, CRAR 16.3%, LCR ~127% - Guidance: credit growth 12-14%, deposit growth 10-12%, NIM 2.75-2.95%, credit cost <0.6%, slippage 1-1.25% - NMC settlement closes legacy litigation; no admission of liability; impact fully absorbed Q1 - FCNR(B) mobilization at USD 700 million, target USD 4-5 billion; dollar bond issuance planned - AI used to repurpose workforce; hiring ~7,000 in FY27 - ECL migration impact ~110 bps on CRAR (INR 12,000 Cr), spread over years; credit cost impact 15-20 bps - Core NIM at 2.77%, domestic NIM 2.93%, margin guidance maintained - Corporate loan de-growth due to repricing strategy; retail and MSME segments growing strongly - Treasury income down due to higher G-sec yields; other income stable with PSLC sales and recoveries - Asset quality improving with lower SMA and high collection efficiency - Bank remains well-capitalized and focused on governance, risk management, and compliance