The bank’s loans and advances stood at Rs 2.72 lakh crore as of March 2026, marking 6% sequential growth and an 11% increase year-on-year. Deposit growth outpaced advances on a quarterly basis, rising 9% QoQ and 12% YoY to Rs 3.18 lakh crore.
The stronger deposit accretion helped moderate the bank’s credit-to-deposit (CD) ratio to 85.4%, compared with 88% in the December quarter, indicating improved balance sheet stability and funding comfort.
A key highlight of the quarter was continued traction in CASA (current account and savings account) deposits, which rose 12.5% sequentially and 14.9% YoY to Rs 1.11 lakh crore. The CASA ratio, including certificates of deposit, improved to 35.1% from 34% in the previous quarter.
A higher CASA share typically supports margins by lowering the cost of funds, and the improvement suggests the bank’s efforts to strengthen its retail and granular deposit base are gaining traction.
The bank also saw a sharp increase in certificates of deposit (CDs), which rose to Rs 6,831 crore from Rs 990 crore in the previous quarter, indicating some reliance on wholesale funding to support growth.
Liquidity metrics remained comfortable, with the liquidity coverage ratio (LCR) at 119%, well above regulatory requirements, though slightly lower than 123.8% in the previous quarter.Overall, the Q4 update points to stable growth momentum with improving deposit quality. While advances growth remains measured, a stronger liability franchise and moderation in the CD ratio provide a more balanced outlook for the bank heading into FY27.