Total deposits increased 11.05 per cent year-on-year to ₹25,850 crore as of March 31, 2026, indicating continued customer accretion and improved deposit mobilisation across segments.
CASA deposits grew at a relatively moderate pace of 6.88 per cent year-on-year, reaching ₹6,181 crore. However, the CASA ratio declined to 23.91 per cent compared to 24.84 per cent in the year-ago period, suggesting a relatively faster growth in term deposits during the quarter.
The bank’s advances portfolio grew, rising 19.42 per cent y-o-y to ₹22,426 crore as of March 31, 2026, driven by a sharp 37.88 per cent increase in secured lending to ₹13,680 crore. The share of secured advances improved significantly to 61 per cent from 52.84 per cent a year ago, reflecting a strategic shift towards lower-risk assets.
The bank also undertook NPA sales worth ₹1,019 crore during the year, without which loan growth would have been higher at 24.85 per cent. Disbursements more than doubled, surging 103 per cent year-on-year to ₹42,529 crore in FY26, while the credit-deposit ratio rose to 86.75 per cent from 80.68 per cent.
Meanwhile, the bank’s customer base expanded to 1.02 crore with the addition of 8.01 lakh new customers, and its distribution network stood at 804 branches, 720 ATMs and 1,049 customer service centres across 24 states and 2 union territories.
Published on April 5, 2026