Federal Bank Ltd.
FEDERALBNKFinancial Services filings
We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.
Earnings calls
17 transcript(s)/analyst meet(s) served; 5 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (0 of 17 documents here); elsewhere sentences render unattributed.
| Kind | Date | Period | Served | Attribution rate |
|---|---|---|---|---|
| TRANSCRIPT | 20230121 | 2021-12-31 | yes | |
| TRANSCRIPT | 20220510 | 2022-03-31 | yes | |
| TRANSCRIPT | 20221018 | 2022-09-30 | yes | |
| TRANSCRIPT | 20230512 | 2023-03-31 | yes | |
| TRANSCRIPT | 20230720 | 2023-06-30 | yes | |
| TRANSCRIPT | 20231021 | 2023-09-30 | yes | |
| TRANSCRIPT | 20240119 | 2023-12-31 | yes | |
| TRANSCRIPT | 20240507 | 2024-03-31 | yes | |
| TRANSCRIPT | 20240729 | 2024-06-30 | yes | |
| COVER_LETTER | 20241102 | 2024-09-30 | no | |
| TRANSCRIPT | 20250129 | 2024-12-31 | yes | |
| TRANSCRIPT | 20250506 | 2025-03-31 | yes | |
| COVER_LETTER | 20250807 | 2025-06-30 | no | |
| COVER_LETTER | 20251025 | 2025-09-30 | no | |
| COVER_LETTER | 20260123 | 2025-12-31 | no | |
| TRANSCRIPT | 20260505 | 2026-03-31 | yes | |
| COVER_LETTER | 20260722 | 2026-06-30 | no |
FEDERALBNK
files the banking form. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.
Identity
| Statement division | banking |
| Scope served | consolidated |
| Panels on this page | 5 |
Market
No split, bonus or consolidation is on record for this company inside the period this price series covers, so the closes need no adjustment.
| Last close | 329.50 |
| 52-week range | 190.08 – 371.7 |
| Return 1M | -5.03% |
| Return 3M | 1.68% |
| Return 1Y | 70.21% |
| Return 3Y | 124.0% |
| Return 5Y | 307.54% |
| Market capitalisation | not shown — we could not confirm it |
| Shares outstanding | not shown — we could not confirm it |
| P/E | not shown — we could not confirm it |
| P/B | not shown — we could not confirm it |
| EV/EBITDA | not shown — we could not confirm it |
Latest quarter filed — period ending 2026-06-30
In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.
| Interest earned | 7,862.00 |
| Interest on advances and bills | 6,371.00 |
| Income on investments | 1,340.00 |
| Interest on balances with the RBI and interbank funds | 88.00 |
| Other interest | 62.00 |
| Interest expended | 4,538.00 |
| Other income | 1,082.00 |
| Total income | 8,943.00 |
Ownership — 2026-06-30, and the change from 2026-03-31
| Holder | Per cent | Change |
|---|---|---|
| promoter and promoter group | not disclosed | — |
| institutions foreign | 0.28 | 0.02 |
| institutions domestic | 0.49 | -0.01 |
| mutual funds | 0.38 | -0.00 |
| public | 1.00 | 0.00 |
Documents on file
| Class | Most recent | On file |
|---|---|---|
| COVER_LETTER | 2026-06-30 | 5 |
| TRANSCRIPT | 2026-03-31 | 12 |
Financial statements
Filed results, consolidated, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.
Cash flow, as filed
| Line | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|
| Net cash from operating activities | 6,431.00 | 185.00 | 8,801.00 | 3,014.00 | 4,349.00 |
| Net cash from investing activities | -8,908.00 | -3,126.00 | -3,794.00 | -5,369.00 | -11,109.00 |
| Net cash from financing activities | 3,871.00 | 7,064.00 | 7,401.00 | -5,865.00 | 2,069.00 |
| Purchase of property, plant and equipment | 328.00 | 215.00 | 755.00 | 135.00 | 308.00 |
| Net increase in cash | 1,390.00 | 4,122.00 | 12,403.00 | -8,224.00 | -4,700.00 |
| con:CFO.BEFORE_TAX | 7,754.00 | 985.00 | 10,142.00 | 3,806.00 | 5,554.00 |
| con:INTEREST_RECEIVED.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INTEREST_PAID.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:DIVIDENDS_RECEIVED.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:TAX_PAID.OPERATING | 1,323.00 | 800.00 | 1,341.00 | 791.00 | 1,204.00 |
| con:CF_OTHER.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INVESTMENTS_PURCHASED | 8,691.00 | 2,922.00 | 3,121.00 | 5,234.00 | 10,726.00 |
| con:INVESTMENTS_SOLD | 99.00 | 10.00 | 78.00 | 0.00 | 0.00 |
| con:PPE_DISPOSALS | 11.00 | 1.00 | 4.00 | 0.00 | 22.00 |
| con:CF_INVESTING.SUBSIDIARIES_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.SUBSIDIARIES_ACQUIRED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_ACQUIRED | 0.00 | 0.00 | 0.00 | 0.00 | 97.00 |
Quarterly results, as filed
| Line | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest earned | 6,085.00 | 6,339.00 | 6,728.00 | 7,006.00 | 7,265.00 | 7,108.00 | 7,151.00 | 7,216.00 | 7,360.00 | 7,947.00 | 7,862.00 |
| Interest on advances and bills | 4,947.00 | 5,100.00 | 5,419.00 | 5,667.00 | 5,918.00 | 5,740.00 | 5,784.00 | 5,855.00 | 5,964.00 | 6,071.00 | 6,371.00 |
| Income on investments | 948.00 | 1,031.00 | 1,107.00 | 1,135.00 | 1,146.00 | 1,150.00 | 1,133.00 | 1,167.00 | 1,212.00 | 1,255.00 | 1,340.00 |
| Interest on balances with the RBI and interbank funds | 79.00 | 98.00 | 103.00 | 108.00 | 113.00 | 120.00 | 151.00 | 111.00 | 94.00 | 103.00 | 88.00 |
| Other interest | 111.00 | 110.00 | 99.00 | 96.00 | 88.00 | 98.00 | 83.00 | 83.00 | 90.00 | 517.00 | 62.00 |
| Interest expended | 3,760.00 | 3,936.00 | 4,212.00 | 4,393.00 | 4,570.00 | 4,456.00 | 4,540.00 | 4,429.00 | 4,401.00 | 4,402.00 | 4,538.00 |
| Other income | 908.00 | 810.00 | 936.00 | 1,010.00 | 931.00 | 1,047.00 | 1,164.00 | 1,105.00 | 1,143.00 | 1,186.00 | 1,082.00 |
| Total income | 6,994.00 | 7,149.00 | 7,664.00 | 8,015.00 | 8,196.00 | 8,155.00 | 8,315.00 | 8,321.00 | 8,503.00 | 9,132.00 | 8,943.00 |
| Employee benefit expense | 788.00 | 985.00 | 845.00 | 892.00 | 896.00 | 907.00 | 910.00 | 930.00 | 985.00 | 930.00 | 1,071.00 |
| Operating expenses | 1,700.00 | 1,993.00 | 1,875.00 | 1,953.00 | 1,962.00 | 2,102.00 | 2,069.00 | 2,122.00 | 2,220.00 | 2,256.00 | 2,311.00 |
| Expenditure excluding provisions and contingencies | 5,460.00 | 5,930.00 | 6,086.00 | 6,346.00 | 6,532.00 | 6,559.00 | 6,608.00 | 6,551.00 | 6,621.00 | 6,657.00 | 6,849.00 |
| Operating profit before provisions | 1,534.00 | 1,220.00 | 1,577.00 | 1,669.00 | 1,664.00 | 1,596.00 | 1,707.00 | 1,770.00 | 1,882.00 | 2,475.00 | 2,094.00 |
| Provisions and contingencies | 114.00 | -77.00 | 173.00 | 196.00 | 387.00 | 163.00 | 437.00 | 397.00 | 374.00 | 762.00 | 353.00 |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 1,420.00 | 1,296.00 | 1,404.00 | 1,473.00 | 1,277.00 | 1,434.00 | 1,270.00 | 1,373.00 | 1,507.00 | 1,714.00 | 1,741.00 |
| Tax expense | 357.00 | 324.00 | 364.00 | 369.00 | 328.00 | 325.00 | 323.00 | 353.00 | 384.00 | 320.00 | 443.00 |
| Profit for the period | 1,063.00 | 972.00 | 1,040.00 | 1,104.00 | 949.00 | 1,108.00 | 947.00 | 1,019.00 | 1,124.00 | 1,393.00 | 1,298.00 |
| Profit attributable to owners | 1,035.00 | 971.00 | 1,028.00 | 1,096.00 | 944.00 | 1,091.00 | 918.00 | 992.00 | 1,094.00 | 1,341.00 | 1,256.00 |
| Profit attributable to non-controlling interests | 32.00 | 25.00 | 20.00 | 19.00 | 7.00 | 30.00 | 32.00 | 31.00 | 31.00 | 51.00 | 46.00 |
| con:SHARE_OF_ASSOCIATES | 4.00 | 24.00 | 7.00 | 10.00 | 3.00 | 12.00 | 4.00 | 3.00 | 1.00 | -1.00 | 5.00 |
| Earnings per share, basic | 4.28 | 3.99 | 4.21 | 4.48 | 3.85 | 4.44 | 3.74 | 4.04 | 4.45 | 5.44 | 5.09 |
| Earnings per share, diluted | 4.22 | 3.94 | 4.16 | 4.43 | 3.81 | 4.40 | 3.70 | 4.00 | 4.40 | 5.38 | 4.91 |
Annual results, as filed
| Line | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|
| Interest earned | 23,565.00 | 28,106.00 | 29,674.00 |
| Interest on advances and bills | 19,101.00 | 22,745.00 | 23,674.00 |
| Income on investments | 3,686.00 | 4,538.00 | 4,768.00 |
| Interest on balances with the RBI and interbank funds | 339.00 | 443.00 | 458.00 |
| Other interest | 440.00 | 380.00 | 773.00 |
| Interest expended | 14,495.00 | 17,631.00 | 17,772.00 |
| Other income | 3,216.00 | 3,924.00 | 4,598.00 |
| Total income | 26,782.00 | 32,030.00 | 34,272.00 |
| Employee benefit expense | 3,180.00 | 3,545.00 | 3,756.00 |
| Operating expenses | 6,767.00 | 7,892.00 | 8,667.00 |
| Expenditure excluding provisions and contingencies | 21,261.00 | 25,523.00 | 26,438.00 |
| Operating profit before provisions | 5,521.00 | 6,507.00 | 7,834.00 |
| Provisions and contingencies | 260.00 | 919.00 | 1,971.00 |
| Profit before exceptional items and tax | — | 5,588.00 | 5,863.00 |
| Exceptional items | 0.00 | 0.00 | 0.00 |
| Profit before tax | 5,261.00 | 5,588.00 | 5,863.00 |
| Tax expense | 1,333.00 | 1,386.00 | 1,380.00 |
| Profit for the period | 3,928.00 | 4,201.00 | 4,483.00 |
| Profit attributable to owners | 3,880.00 | 4,159.00 | 4,345.00 |
| Profit attributable to non-controlling interests | 84.00 | 75.00 | 146.00 |
| con:SHARE_OF_ASSOCIATES | 37.00 | 33.00 | 8.00 |
| Earnings per share, basic | 16.76 | 16.98 | 17.67 |
| Earnings per share, diluted | 16.55 | 16.80 | 17.48 |
Balance sheet, as filed
| Line | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|
| Capital | 487.00 | 490.00 | 491.00 | 492.00 | 493.00 |
| Reserves and surplus | 30,439.00 | 32,911.00 | 34,962.00 | 36,758.00 | 40,619.00 |
| Deposits | 252,455.00 | 269,064.00 | 283,484.00 | 288,862.00 | 313,491.00 |
| Borrowings | 25,160.00 | 32,325.00 | 32,596.00 | 26,930.00 | 33,193.00 |
| Other liabilities and provisions | 9,298.00 | 11,559.00 | 8,619.00 | 14,524.00 | 14,284.00 |
| Total equity and liabilities | 317,839.00 | 346,349.00 | 360,152.00 | 367,566.00 | 402,081.00 |
| Cash and balances with the RBI | 11,509.00 | 16,953.00 | 20,361.00 | 15,373.00 | 15,577.00 |
| Balances with banks and money at call | 7,685.00 | 6,363.00 | 11,236.00 | 8,001.00 | 11,321.00 |
| Investments | 61,043.00 | 64,776.00 | 66,058.00 | 70,296.00 | 76,471.00 |
| Advances | 218,110.00 | 240,132.00 | 244,995.00 | 254,868.00 | 277,381.00 |
| Property, plant and equipment | 1,063.00 | 1,143.00 | 1,528.00 | 1,508.00 | 1,528.00 |
| Other assets | 18,429.00 | 16,982.00 | 15,974.00 | 17,521.00 | 19,803.00 |
| Total assets | 317,839.00 | 346,349.00 | 360,152.00 | 367,566.00 | 402,081.00 |
Asset quality and capital, as filed
| Line | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross non-performing assets | 4,617.00 | 4,797.00 | 4,677.00 | 4,738.00 | 4,884.00 | 4,553.00 | 4,376.00 | 4,670.00 | 4,532.00 | 4,447.00 | 4,335.00 | 4,282.00 |
| Net non-performing assets | 1,363.00 | 1,402.00 | 1,366.00 | 1,330.00 | 1,322.00 | 1,131.00 | 1,040.00 | 1,158.00 | 1,165.00 | 1,068.00 | 529.00 | 506.00 |
| Gross NPA, per cent | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net NPA, per cent | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Return on assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| CET-1 ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Additional Tier-1 ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Who owns it
The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.
| Holder | 2023-07-21 | 2023-09-30 | 2023-10-11 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter and promoter group | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — | — | — | — | — |
| Domestic institutions | 43.92 | 46.15 | 44.44 | 44.70 | 45.38 | 45.19 | 47.18 | 48.90 | 49.07 | 48.17 | 0.50 | 0.51 | 0.50 | 0.49 |
| Mutual funds | — | — | — | — | — | — | — | — | — | 35.39 | 0.38 | 0.38 | 0.38 | 0.38 |
| Insurance companies | 7.30 | 7.63 | 7.39 | 8.13 | 9.11 | 9.67 | 10.15 | 10.00 | 10.19 | 10.17 | 0.09 | 0.09 | 0.08 | 0.08 |
| Foreign institutions | 28.02 | 27.02 | 29.42 | 29.39 | 28.57 | 28.64 | 27.72 | 26.32 | 26.28 | 26.86 | 0.26 | 0.25 | 0.26 | 0.28 |
| Government | — | — | — | — | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Public | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Non-institutional | 28.06 | 26.84 | 26.14 | 25.92 | 26.04 | 26.17 | 25.09 | 24.77 | 24.65 | 24.96 | 0.25 | 0.24 | 0.24 | 0.23 |
| Shares outstanding | 2323985188 | 2326935988 | 2400197466 | 2408727715 | 2410695274 | 2422984410 | 2427584891 | 2430245775 | 2431582049 | 2432839284 | 2435157307 | 2437873217 | 2439261596 | 2443018251 |
Related parties
Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.
| Counterparty | Relationship | Type | Amount in the period | Transactions |
|---|---|---|---|---|
| Fedbank Financial Services Limited | Subsidiary | Any other transaction, Interest received, Purchase o | 2,913,100,000.00 | 9 |
| Ageas Federal Life Insurancecompany Limited | Associate | Any other transaction, Dividend received, Interest p | 1,916,700,000.00 | 8 |
| Federal Operations And Services Limited | Subsidiary | Any other transaction, Dividend received, Interest p | 558,800,000.00 | 11 |
| Federal Bank Hormis Memorial Foundation | Interested entity | Any other transaction, Interest paid | 309,000,000.00 | 3 |
| Equirus Wealth Private Limited | Subsidiary of Associate Company | Any other transaction, Interest paid, Sale of goods | 139,400,000.00 | 7 |
| Nearby Technologies Pvt Ltd | Interested entity of Director | Any other transaction, Interest paid, Sale of goods | 84,200,000.00 | 3 |
| Cashpor Micro Credit | Interested entity of Director | Any other transaction, Interest received | 72,700,000.00 | 2 |
| Harsh Dugar | Key Managerial Personnel | Any other transaction, Dividend paid, Interest paid, | 54,900,000.00 | 7 |
| Shyam Srinivasan | Key Managerial Personnel | Any other transaction, Dividend paid, Interest paid, | 52,300,000.00 | 5 |
| Shalini Warrier | Key Managerial Personnel | Any other transaction, Dividend paid, Interest paid, | 52,000,000.00 | 5 |
| Anil Kothuri | KMP of subsidiary | Remuneration | 46,100,000.00 | 1 |
| Equirus Securities Private Limited | Subsidiary of Associate Company | Any other transaction, Interest paid, Interest recei | 31,300,000.00 | 6 |
| Digivriddhi Technologies Pvt Ltd. | Interested entity of Relative of D | Any other transaction, Interest paid, Sale of goods | 26,700,000.00 | 4 |
| CV Ganesh | Related party of the subsidiary | Any other transaction, Interest paid, Interest recei | 13,100,000.00 | 5 |
| Sankarshan Basu | Director | Any other transaction, Interest paid | 11,500,000.00 | 4 |
What management said
Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.
| Date | Quarter | Who spoke | |
|---|---|---|---|
| 2026-05-05 | Q4FY26 | EXECUTIVE DIRECTOR & CFO, HEAD, TREASURY, NATIONAL HEAD, CONSUMER BANKING, REPORTING | Read the call |
| 2025-05-06 | Q4FY25 | MR. VENKATRAMAN VENKATESWARAN – | Read the call |
| 2025-01-29 | Q3FY25 | Read the call | |
| 2024-07-29 | Q1FY25 | (FINANCIAL REPORTING), (LOAN COLLECTION & RECOVERY), (PLANNING), AND CHIEF EXECUTIVE OFFIC | Read the call |
| 2024-05-07 | Q4FY24 | & HEAD (TREASURY), (FINANCIAL REPORTING), (PLANNING), CHIEF EXECUTIVE OFFICER, FEDERAL BAN | Read the call |
| 2024-01-19 | Q3FY24 | & HEAD (TREASURY), (PLANNING), CHIEF EXECUTIVE OFFICER, FEDERAL BANK LIMITED, OFFICER ON S | Read the call |
| 2023-10-21 | Q2FY24 | (TREASURY), CHIEF EXECUTIVE OFFICER, OFFICER ON SPECIAL DUTY, RISK OFFICER | Read the call |
| 2023-07-20 | Q1FY24 | FEDERAL BANK LIMITED, LIMITED | Read the call |
| 2023-05-12 | Q4FY23 | CHIEF EXECUTIVE OFFICER, OFFICER ON SPECIAL DUTY, REPORTING) | Read the call |
| 2023-01-21 | Q3FY22 | FEDERAL BANK LIMITED, THE FEDERAL BANK LIMITED | Read the call |
| 2022-10-18 | Q2FY23 | Kashyap Javeri: | Read the call |
| 2022-05-10 | Q4FY22 | AND RECOVERY, BANK, HEAD, WHOLESALE BANKING, PRESIDENT & CFO | Read the call |
Some earlier announcements under this heading are covering letters only — no transcript was attached.
What they said about it, quarter by quarter
| Topic | Q3FY22 | Q3FY24 | Q3FY25 | Q4FY22 | Q4FY23 | Q4FY24 | Q4FY25 | Q4FY26 |
|---|---|---|---|---|---|---|---|---|
| Capex | — | — | — | — | So, we will be into the CAPEX raising exercise going ahead. | And the other fixed cost would be around capex, max 5% increase. | — | — |
| Capital allocation | — | — | — | 12,000 crores, so any color on the client acquisition on both the sides if you can offer, because what I understand is that with the Fintech partnersh… | So, then my last question is that sir, and my last question is, is there any acquisition target, you know, The Federal Bank is looking for in the upco… | Firstly, on the dividend payout part, sir. | Retail current accounts as well as wholesale current account acquisition has accelerated, acquisition of high- value savings account variant -- higher… | — |
| Costs | — | — | — | — | If you could just quantify what is the current cost of term deposits that you have carrying today as well as the savings deposits? | — | — | — |
| Debt and cash | — | — | — | — | — | — | — | — |
| Demand | I think bank demand, bank credit growth opportunities continue our share gain in most areas. | And we demand of them, get a higher wallet share per customer. | — | We are looking at, see even CASA, we have to look at two things, when you look at a ratio more than numerator and the denominator, what we are aspirin… | I don't believe these are and like I said we were ensuring that we had a good deposit pipeline in the quarter that went by, and we did not shy away fr… | There is demand that is consistently good across business -- across business segments. | This was also bolstered by stable domestic demand and prudence monitoring policies. | The core inflation narrative remains constructive and core CPI averaged around 2.1% for the quarter, reflecting continued supply side efficiency and a… |
| Guidance | And outlook for margins in the next year, I mean longer term? | Probably, that's the direction that they are guiding back to. | And just to add Nitin, the slippage percentage annualized progress is still well below the 1% which we have been guiding over the last many years. | Sir, any guidance on what sort of profitability we are looking at in treasury business next year? | Sir, so you already touched upon margins, but if you go by your guidance, then we are talking about some margin expansion from 4Q levels. | And just finally, there was -- on this opex growth guidance that we talked about in the previous question, so ex of the INR200 crores one-off, what yo… | Credit costs for FY '25 was 38 bps, in line with our earlier guidance of 35 bps to 40 bps. On the deposit front, CASA grew by a very healthy 6.74% Q-o… | We definitely value these interactions and look forward to sharing our annual performance as well and along with, of course, our outlook for the year. |
| Margin | Yes, there have been some tailwinds in terms of margin expansion, because of the timing mismatch between asset re-pricing and deposit re-pricing. | And what will be the impact on loan growth because of that and on margin? | Going ahead, if we are looking at an environment where rates will get cut and we have also added some risk on the book, right, unsecured and say that … | Which means that the portfolio mix is going to shift more towards retail and I think SME, in that case, we should see a margin uptake? | And sir, secondly, again on the margin side, so incrementally when we are saying that the high yielding books like CVC, MFI, PL etc., will grow at a f… | May 02, 2024 it takes a while for margin expansion to happen, while the cost of deposits remained high. | So how is the reported margin flat Q-o-Q? | Our cost-to-income ratio improved to 52.86%, down 106 basis points sequentially, which reflects the operating leverage within the franchise. |
| People | — | Will it be open to external candidates, will you be hiring an external search firm? | — | — | — | — | These efforts have also optimized capital utilization, resulting in improved capital adequacy, a testament to our disciplined approach to resource man… | — |
| Pricing | But when we look to do good credits as in good corporates, top end of the credit spectrum, we are happy to make sure that the pricing is right, but we… | Certainly, there will be a pricing pressure. | — | I do have to add your point of few banks cornering because of their overall strength is indeed true, but I do think sanity in pricing is coming now. | And in terms of deposit pricing, it's our belief that probably the peak of the pricing is already factored, and now it's only the playthrough of whate… | The increase in yields of between the repo price hike and -- right that was the question number three on yields. | These include a new transfer pricing methodology, a RaRoC-based pricing model and a comprehensive business-wise profit and loss system, fostering a cu… | Amid global geopolitical noise and evolving trade dynamics, we have prioritized portfolio quality and pricing discipline over headline volume. |
| Revenue growth | And sir, I just wanted to squeeze in one last question, that your deposit growth was higher than your loan growth this quarter. | — | — | On the Forex side, there would be normal growth of 15-20%, but on the investment side and all, there are some opportunities, but that would depend on … | We are considering options, but we have not narrowed down to anything as yet, but there is a likelihood of a capital raise for growth at an appropriat… | You may have noticed our rate of growth of our CASA in the geographies that were not traditionally as stronghold as now in mid- to high double digit -… | On the quarterly results, net profit for the quarter was INR1,030 crores, up 14% year-on-year, driven by strong revenue growth and operational efficie… | In the business banking, we saw a growth of 6% Y-o-Y. |
What they said they would do
Sentences in which management set an expectation. Each names the speaker and the page of the transcript it came from.
| Date | Quarter | Who | What they said |
|---|---|---|---|
| 2025-05-06 | Q4FY25 | MR. VENKATRAMAN VENKATESWARAN – | Credit costs for FY '25 was 38 bps, in line with our earlier guidance of 35 bps to 40 bps. On the deposit front, CASA grew by a very healthy 6.74% Q-o-Q. |
| 2025-05-06 | Q4FY25 | MR. VENKATRAMAN VENKATESWARAN – | But on the cost income related question which you asked, we expect to be operating around the 53% level. |