IDFCFIRSTB

IDFCFIRSTBANK/SD/95/2026-2027 July 25, 2026 National Stock Exchange of India Limited BSE Limited Mumbai 400 051 Mumbai 400 001 NSE - Symbol: IDFCFIRSTB BSE - Scrip Code: 539437 Sub.: Investor Presentation – Unaudited Standalone and Consolidated Financial Results (“Financial Results”) of IDFC FIRST Bank Limited (“Bank”) for the quarter ended June 30, 2026. Dear Sir / Madam, Please find enclosed herewith the Investor Presentation in connection with the Financial Results of the Bank for the quarter ended June 30, 2026 (Q1-FY27). The above information is also being hosted on the Bank’s website at www.idfcfirst.bank.in, in terms of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. Please take the above on record. Thanking you, Yours faithfully, For IDFC FIRST Bank Limited Satish Gaikwad General Counsel and Company Secretary Encl.: As above IDFC FIRST Bank Limited Corporate Office: IDFC FIRST Bank Tower, (The Square), C-61, G Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400 051. Tel: +91 22 7132 5500 Registered Office: KRM Towers, 7th Floor, No.1, Harrington Road, Chetpet, Chennai - 600 031, Tamil Nadu. Tel: +91 44 4571 6477 CIN: L65110TN2014PLC097792 | E-mail: bank.info@idfcfirstbank.com | Website: www.idfcfirst.bank.in Investor Presentation – Q1 FY27 July 25, 2026 Bank at Glance Bank at Glance, Q1 FY27 results Jun-26 PAT crosses Rs. 1,000 crore for the first time Loans & Advances Total Deposits CASA Deposits CASA ratio Rs. 2,97,834 Cr Rs. 3,11,892 Cr Rs. 1,58,492 Cr 50.8% (20% YoY | 5% QoQ) (18% YoY | 6% QoQ) (25% YoY | 8% QoQ) (283 bps YoY | 102 bps QoQ) Net Interest Margin Risk Adjusted NII GNPA ratio NNPA ratio (Q1-FY27) (Q1-FY27) 1.51% 0.44% 5.96% 4.75% (-45 bps YoY | -9 bps QoQ) (-11 bps YoY | -4 bps QoQ) (25 bps YoY | 3 bps QoQ) (96 bps YoY | 8 bps QoQ) (NII Less Credit Cost) Cost of Funds Core Operating Profit Profit After Tax Return on Assets (Q1-FY27) (Q1-FY27) (Q1-FY27) (Q1-FY27) 5.96% Rs. 2,371 Cr Rs. 1,075 Cr 1.06% (-46 bps YoY | -4 bps QoQ) (36.0% YoY | 58.9% QoQ) (132.4% YoY | 237.0% QoQ) (52 bps YoY | 73 bps QoQ) 1. Loans & Advances (Rs. 2,97,834 Cr) and Credit Substitutes (Rs. 7,537 Cr) = Total Loan Assets of Rs. 3,05,370 Cr, up 21% YoY and 5% QoQ 2. Total Deposits includes Customer Deposits (Rs. 2,99,405 Cr) and Certificate of Deposits (Rs. 12,486 Cr). 3. NIM is Gross of IBPC & Sell-down 4. Risk Adjusted NII = (Net Interest Income Less Provisions) as a % to Average Total Assets 5. In Q1 FY27, the Bank received CGFMU claim of Rs. 515 crores. We have voluntarily created contingency provision of Rs. 515 crore on prudent basis for macro and geopolitical situation. 1 Background Background 4 1 Liabilities TABLE 8 Liabilities 2 OF Assets Assets 19 CONTENTS 3 Asset Quality Asset Quality 30 4 Profitability Capital Profitability & Capital 42 5 Our Vision To Build A World Class Bank in India with Principles of Ethical, Digital & Social Good Banking 3 Section 1: Background How IDFC FIRST Bank Was Created Jun-26 • IDFC Limited was created in • Capital First was an NBFC IDFC FIRST Bank was created 1997 for financing infrastructure. created in 2012, focussed on through the merger of IDFC MSME and retail loans through Bank and Capital First, on 11th • IDFC Bank was created by IDFC technology driven lending December 2018, when all Limited, in 2016. models. regulatory and legal approvals were received, announced to • The loan book of IDFC limited • It had grown its Assets under the public, and the new was transferred to IDFC Bank at Management from Rs. 934 crore management took charge. inception in 2016. on March 31, 2010 to Rs. 32,623 crore on September 30, 2018. • IDFC Bank had assets of Rs. 75,332 crore as of September • It had a track record of growth, 30, 2018, of which 86% was in profits and asset quality. wholesale loans. • Capital FIRST was looking for a • IDFC Bank was looking to set up commercial bank license to get a a deposit franchise and diversify steady source of funding for its into Retail Banking long-term growth. 5 Section 1: Background Progress since merger Jun-26 Parameters CAPITAL FIRST IDFC Bank Upon merger Now Change Since (Rs. Crore) (30-Sep-18) (30-Sep-18) (31-Dec-2018) (30-Jun-2026) Merger Loan Book 26,994 55,020 84,807 2,97,834 18% CAGR Customer Deposit 0 (NBFC) 36,369 38,455 2,99,405 31% CAGR T E E H Retail Deposit 0 (NBFC) 9,008 10,400 2,38,090 52% CAGR S E C N 5,274 1,58,492 57% CAGR A CASA Deposit 0 (NBFC) 6,253 L A B CASA Ratio 0 (NBFC) 13.0% 8.7% 50.8% 5.8X Net Worth 2,928 14,776 18,376 48,651 14% CAGR Y NIM % 8.2% 1.6% 3.1% 6.0% 286 bps T I L I B A Core PPOP/Average Asset % 5.0% 0.1% 0.8% 2.3% 155 bps T I F O R Cost to Income % 47.5% 92.4% 82.2% 69.2% -1,300 bps P T Y T Gross NPA 1.6% (Mar-18) 1.6% 1.97% 1.51% 46 bps E S I L A S AU Net NPA 1.0% (Mar-18) 0.6% 0.95% 0.44% 51 bps Q • AUM of Capital First as on 30 Sep 2018 was Rs. 32,623 crore including on-book of Rs. 26,994 crore and Off-Balance Sheet book of Rs. 5,629 crore. • Funded Assets of erstwhile IDFC Bank (Sep-18) was Rs. 75,332 crore • As of Jun-26, Loan Book (Rs. 2,97,834 Cr) and Credit Substitutes (Rs. 7,537 Cr) = Total Loan Assets of Rs. 3,05,370 Cr 6 • Profitability numbers are for H1 FY19, Dec-18 are of Q3 FY19; Jun-25 are of Q1FY26; NIM is Gross of IBPC & Sell-down for Q1 FY27 | C:I excluding trading gains was 70.7% for Q1 FY27 and 81.6% for Q3 FY19 Section 1: Background The Bank has built a full Suite of Universal Banking Products and scaled them up Jun-26 31-Dec-18 30-Jun-26 WHOLESALE Corporate De-grew 5% from Rs. 67,733 crore to Rs. 64,252 crore BANKING PRODUCTS Retail Retail Corporate Grew 6.7x from Rs. 26,877 crore to Rs. 1,79,192 crore Lending Lending Treasury & Rural Rural Forex Lending Grew 5.2x from Rs. 4,679 crore to Rs. 24,427 crore Solutions V E R I SME Grew 7.0x from Rs. 5,371 crore to Rs. 37,499 crore S Transaction N SME Banking & Lending CMS A RETAIL BANKING U PRODUCTS L Trade Finance • Deposits • Solutions Customer B K Grew 7.8x from Rs. 38,455 crore to Rs. 2,99,405 crore Deposits A N NRI Deposits Fastag NRI Grew from Rs. 380 crore to Rs. 24,876 crore Banking Wealth Private Wealth AUM Credit Cards Management Grew from ~Rs. 900 crore to ~Rs. 63,000 crore Credit Cards in Force Grew from NIL to 4.8 million + 7 Section 2: Liabilities A Growing Deposit Market Provides Long Runway for Franchise Growth Jun-26 Total Deposits (In Rs. Lac Crore) Savings Deposits (In Rs. Lac Crore) 253 228 73 66 206 63 60 60 181 170 53 154 45 138 41 126 38 101 111 115 32 26 6 7 8 9 0 1 2 3 4 5 6 6 7 8 9 0 1 2 3 4 5 6 1 1 1 1 2 2 2 2 2 2 2 1 1 1 1 2 2 2 2 2 2 2 - - - - - - - - - - - - - - - - - - - - - - r r r r r r r r r r r r r r r r r r r r r r a a a a a a a a a a a a a a a a a a a a a a M M M M M M M M M M M M M M M M M M M M M M Current Account Deposits (In Rs. Lac Crore) Term Deposits (In Rs. Lac Crore) 25 23 156 20 139 19 123 17 15 103 93 12 13 80 86 11 11 66 68 66 73 9 6 7 8 9 0 1 2 3 4 5 6 6 7 8 9 0 1 2 3 4 5 6 1 1 1 1 2 2 2 2 2 2 2 1 1 1 1 2 2 2 2 2 2 2 - - - - - - - - - - - - - - - - - - - - - - r r r r r r r r r r r r r r r r r r r r r r a a a a a a a a a a a a a a a a a a a a a a M M M M M M M M M M M M M M M M M M M M M M Source: RBI Publications 9 Section 2: Liabilities Customer Service is of prime importance, all gates open for service Jun-26 Bank Branch Loan Centre Contact Centre Bank has 1,155 branches as on June 30, 2026. WhatsApp App Best-in-class Prime spot for CUSTOMER SERVICE customer service inside the Bank's app Website Email 39 million customers served through these channels 10 Section 2: Liabilities # 1 Mobile Banking App in India, rated 4.9 on Android and 4.8 on IOS Jun-26 Indian bank features in Global Top-5 Mobile Banking Apps Indian bank features in Global Top-5 Mobile Banking Apps 31.4 Mn+ 2.95 Mn+ App Registrations Reviews The Forrester Digital Experience Review​: Indian Mobile Banking Apps, 2025​  11 The Forrester Digital Experience Review​: Indian Mobile Banking Apps, 2025​ → Section 2: Liabilities Since merger, the CoF reduced by 184 bps, yet the customer deposits grew 7.8x Jun-26 • Total Customer Deposits = Retail Customer Deposits + Wholesale Customer Deposits (Excludes Certificate of Deposits) • Total Customer Deposits were up 16.6% YoY and 5.3% QoQ • Total Deposits (including customer deposits and certificate of deposits) were up 17.7% YoY and 5.9% QoQ at Rs. 3,11,892 crore In Rs. Crore Cost of Funds (%) Total Customer Deposits 7.80% 2,99,405 2,84,453 5.96% 2,42,543 1,93,753 At merger Q1 FY27 1,36,812 93,214 82,725 57,719 38,455 40,504 Dec-18 Mar-19 Mar-20 Mar-21 Mar-22 Mar-23 Mar-24 Mar-25 Mar-26 Jun-26 Wholesale 28,055 27,289 23,795 18,831 25,180 32,942 42,410 51,275 60,554 61,316 Retail 10,400 13,214 33,924 63,894 68,035 1,03,870 1,51,343 1,91,268 2,23,899 2,38,090 Column1 38,455 40,504 57,719 82,725 93,214 1,36,812 1,93,753 2,42,543 2,84,453 2,99,405 Average Customer Deposits for Q1 FY27 grew 17.6% YoY | IDFC Bank’s Cost of Funds given at merger above is of H2 FY19 12 Section 2: Liabilities CASA Deposits growth strong at 24.6% YoY; crosses Rs. 1,50,000 crore Jun-26 CASA Ratio CASA Deposits 50.8% 1,58,492 Jun-26 vs Jun-25 Rs. 31,334 Cr 24.6% 1,46,650 Jun-26 vs Mar-26 Rs. 11,842 Cr 8.1% 1,18,237 94,768 71,983 51,170 45,896 CASA Ratio 8.7% 20,661 7,893 5,710 5,274 Mar-18 Dec-18 Mar-19 Mar-20 Mar-21 Mar-22 Mar-23 Mar-24 Mar-25 Mar-26 Jun-26 Average CASA Deposits for Q1FY27 increased by 27.8% YoY (Average CA 31.2% YoY; Average SA 27.3% YoY) 13 Section 2: Liabilities Bank has diversified its liabilities base with 80% Customer Deposits in Retail Jun-26 Retail deposits have increased from 27% of deposits at merger (Dec-18) to 80% currently which has strengthened the deposits side. Customer Deposits (Rs. Crore) Dec 18 Mar-19 Mar-20 Mar-21 Mar-22 Mar-23 Mar-24 Mar-25 Mar-26 Jun-26 38,455 40,504 57,719 82,725 93,214 1,36,812 1,93,753 2,42,543 2,84,453 2,99,405 21% 20% 22% 21% 23% 24% 27% 33% 41% 27% 73% 67% 59% 77% 73% 76% 78% 79% 79% 80% Retail Deposits Wholesale Deposits Retail LCR deposits (as reported under Basel III disclosures) as a % of Total Average Deposits is the highest among private sector banks indicating high stability of deposits 14 Section 2: Liabilities Transformation of liabilities towards retail deposits Jun-26 Composition of Total Deposits & Borrowings* Legacy Borrowings Wholesale 49% Deposits 18% Certificate of Deposits 4% Fresh Borrowings Retail Deposits Retail Deposits 9% 9% 69% Certificate of Deposits 19% Wholesale Deposits 23% Dec-18 : Rs. 1,19,567 crore Jun-26: Rs. 3,45,365 crore • Retail Deposits as % of Total Deposits & Borrowings increased from 9% at merger to 69% currently • Borrowings reduced from 49% at merger to ~10% • Certificate of Deposits reduced from 19% at merger to below 4% 15 *Borrowings excludes Money market borrowings Section 2: Liabilities Credit Deposit Ratio reduced Jun-26 CD Ratio CD Ratio Including Credit Substitutes Jun-26 169.0% Gross Advances 86% 159.0% 156.6% Total Deposits & Total Borrowings# 132.1% 137.0% 122.2% 134.8% 124.9% 111.0% 117.0% 114.5% 100.2% 98.6% 97.9% 96.0% 107.0% 98.4% 96.4% 95.5% 93.9% Dec-18 Mar-19 Mar-20 Mar-21 Mar-22 Mar-23 Mar-24 Mar-25 Mar-26 Jun-26 #Excluding Money Market Borrowings 16 Section 2: Liabilities Deposits & Borrowings Details Jun-26 Dec-18 Particulars (In Rs. Crore) Jun-25 Mar-26 Jun-26 YoY Growth (Merger) Legacy Long Term & Infrastructure Bonds 26,819 1,661 - - - Refinance & Other Borrowings 30,834 23,061 31,594 28,973 25.6% Tier II Bonds - 4,500 4,500 4,500 - Total Borrowings 57,652 29,223 36,094 33,473 14.5% CASA Deposits 5,274 1,27,158 1,46,650 1,58,492 24.6% Term Deposits 33,181 1,29,640 1,37,803 1,40,913 8.7% Total Customer Deposits 38,455 2,56,799 2,84,453 2,99,405 16.6% Certificate of Deposits 22,312 8,173 10,021 12,486 52.8% Borrowings & Deposits (Excluding money market borrowings) 1,18,420 2,94,194 3,30,568 3,45,365 17.4% Money Market Borrowings 10,962 13,583 527 7,911 -41.8% Total Borrowings & Deposits 1,29,381 3,07,777 3,31,095 3,53,276 14.8% CASA Ratio (%) 8.7% 48.0% 49.8% 50.8% 283 bps Average CASA Ratio % - 45.8% 50.4% 50.1% 426 bps (On daily average balance for the quarter) 17 Section 2: Liabilities Cards in Force for the Bank crosses 4.8M Jun-26 Industry’s Total Cards In Force (In million) 121 119 109 110 ~5.3x since Mar-16 100 73 61 55 45 35 29 23 Mar-16 Mar-17 Mar-18 Mar-19 Mar-20 Mar-21 Mar-22 Mar-23 Mar-24 Mar-25 Mar-26 Jun-26 Spends Insights Interest-bearing book IDFC FIRST Bank (Q1 FY27) IDFC FIRST Bank (Q1 FY27) Offline YoY Spends in Q1 FY27 increased by 57% 22% 54% Online 43% of outstanding book International spends 5% 18 Section 3: Assets Credit growth of the Banking Industry has grown by 3X in 10 year to reach Rs. 215 lac crore Jun-26 Total Non-Food Credit (Rs. Lakh Crore) Agriculture & Allied (Rs. Lakh Crore) 214 215 26 26 23 182 21 164 17 137 15 98 104 109 119 11 12 13 86 10 10 72 78 9 6 7 8 9 0 1 2 3 4 5 6 6 6 7 8 9 0 1 2 3 4 5 6 6 1 1 1 1 2 2 2 2 2 2 2 2 1 1 1 1 2 2 2 2 2 2 2 2 - r a M - r a M - r a M - r a M - r a M - r a M - r a M - r a M - r a M - r a M - r a M - y a M - r a M - r a M - r a M - r a M - r a M - r a M - r a M - r a M - r a M - r a M - r a M - y a M Retail Loans (Rs. Lakh Crore) Corporate (Industry + Services) (Rs. Lakh Crore) 69 70 106 107 60 91 53 82 71 42 63 56 57 35 52 30 43 45 47 27 23 19 16 14 6 7 8 9 0 1 2 3 4 5 6 6 6 7 8 9 0 1 2 3 4 5 6 6 1 1 1 1 2 2 2 2 2 2 2 2 1 1 1 1 2 2 2 2 2 2 2 2 - - - - - - - - - - - - - r - r - r - r - r - r - r - r - r - r - r - y r a r a r a r a r a r a r a r a r a r a r a y a a a a a a a a a a a a a M M M M M M M M M M M M M M M M M M M M M M M M Source: RBI Publications 20 Section 3: Assets Bank serves customers across all segments of income pyramid in an inclusive way Jun-26 Book Composition of Corporate IDFC FIRST Bank in these segments New LAP Car Home Loan BBG Traditional Banks are primarily focus on 77% Gold Loan Tractor Loan this segment Education Loan Corporate Loan Salaried Credit Card KCC CV / CE Personal Loan Used Car Loan Affordable Housing Educational Institution Loan IDFC FIRST Bank has developed unique 23% Two Wheeler Loans Consumer Durable Loans Micro Entrepreneur Rural Entrepreneurs capabilities for 15 years to underwrite the segment profitably with stable Kirana Social Enterprises Self Employed Dairy asset quality using Cash-flow and Machine Learning model • Capital First began as an NBFC in 2010 with a cost of funds of ~13%. To earn adequate spreads, it had to lend at ~20%. To do so it developed expertise in lending to micro entrepreneurs like Kirana Shops, Chemists, salons etc and consumer durables like laptops, washing machines, refrigerators and two wheelers by use of technology and specialised scorecards. • By 2018, CoF improved to ~10%, and Bank moved into less risky segments of LAP and Affordable home loans at average portfolio yield of ~18%, with NIM of ~8%. • Post merger, the CoF further improved to 6% (FY26), and Bank moved to more safer segments like Prime HL, Prime LAP, Prime BBG with average yield of ~13% and NIM of ~5.75%. • Thus, the Bank progressively expanded into lower-yield, lower-credit, cost segments to access larger markets. • But Bank retains its unique DNA and ability to serve these underserved markets. We have ~20M live loans in this segments 21 Section 3: Assets Bank has developed specialization in RAM book; grown consistently for 15 years Jun-26 RAM = Retail, Agri and MSME book Retail, Agri and MSME (RAM) Book (Rs. Crore) 2,41,118 2,32,394 • The Bank has developed specialization in Cash Flow Evaluation & Digital Capabilities for these businesses • The Bank has consistently grown RAM loans for 15 years, from Rs. 94 crores to Rs. 2,32,394 crores. 1,97,568 • This specialized capability plus market opportunity provides a long runway for growth over the next decade. 1,66,604 1,26,135 92,477 IDFC FIRST Bank 75,404 Erstwhile IDFC Bank 57,328 Erstwhile CFL 42,209 36,927 32,281 20,634 13,876 3,460 5,560 7,883 10,113 94 771 Mar-10 Mar-11 Mar-12 Mar-13 Mar-14 Mar-15 Mar-16 Mar-17 Mar-18 Dec-18 Mar-19 Mar-20 Mar-21 Mar-22 Mar-23 Mar-24 Mar-25 Mar-26 Jun-26 Source: RBI database 22 Section 3: Assets Wholesale Loan Book growing steadily Jun-26 Wholesale Loan Book (Rs crore) Reduction Phase: Upon merger, Bank reduced the legacy infrastructure Growth Phase: Bank started regrowing the corporate loans with strong underwriting practices. projects and large ticket corporate loans to deal with asset quality and to Bank has a 360 degree approach for corporate business including CMS, Forex, Transaction conserve funds to grow retail loans. Banking, Salary Accounts and other services to generate returns with asset quality. 67,733 68,192 64,252 57,884 46,191 44,358 41,723 36,574 34,464 34,362 Dec-18 Mar-19 Mar-20 Mar-21 Mar-22 Mar-23 Mar-24 Mar-25 Mar-26 Jun-26 Corporate loans includes credit substitutes 23 Section 3: Assets Wholesale Business – Corporate Book Jun-26 The Bank unwound Rs. 20,761 crore of legacy project finance (infrastructure) book The Bank focuses on financing cash-generating businesses while avoiding project financing risks. Backed by strong governance and disciplined underwriting, it has built a diversified corporate funded book with strong asset quality. Rating wise distribution – Corporate Exposure Insfrastructure Financing Book (Rs. Crore) June 30, 2026 22,710 21,459 A and Above 76% 14,315 10,808 6,891 4,664 2,830 2,348 2,029 1,950 BB& Below 4% BBB 20% Total Corporate Exposure of Rs. 94,540 crore Dec-18 Mar-19 Mar-20 Mar-21 Mar-22 Mar-23 Mar-24 Mar-25 Mar-26 Jun-26 (including non-funded exposure) The Bank remains focused on growing corporate portfolio prudently while deepening client engagement through transaction banking, forex, supply chain solutions, salary accounts and comprehensive banking relationships. 24 Section 3: Assets Bank has reduced concentration risk in corporate banking Jun-26 The exposure to top 20 single borrowers reduced from 16% in Mar-19 Further, the exposure to top 5 industries also reduced from 41% Mar-19 to 5% in Jun-26 to 20% in Jun-26 which has further strengthened the balance sheet. 41% 16% 35% 13% 12% 27% 24% 9% 20% 20% 20% 20% 19% 7% 6% 4% 5% 5% Mar-19 Mar-20 Mar-21 Mar-22 Mar-23 Mar-24 Mar-25 Mar-26 Jun-26 Mar-19 Mar-20 Mar-21 Mar-22 Mar-23 Mar-24 Mar-25 Mar-26 Jun-26 25 Section 3: Assets Total Loans crossed Rs. 3 Lac crore Jun-26 Total Loan Assets In Rs. Crore Jun-26 vs Jun-25 Rs. 52,138 Cr 20.6% Loan growth started after building Jun-26 vs Mar-26 Rs. 15,092 Cr 5.2% strong deposit franchise 3,05,370 2,90,278 2,41,926 Period of Stabilization to address high credit deposit ratio 2,00,965 Upon 1,60,599 merger Pre 1,29,051 1,17,127 merger 1,10,400 1,04,660 1,03,519 73,051 Mar-18 Dec-18 Mar-19 Mar-20 Mar-21 Mar-22 Mar-23 Mar-24 Mar-25 Mar-26 Jun-26 Total Loan Assets include credit substitutes 26 Section 3: Assets Diversified Loan Book Jun-26 The Bank has transformed the loan book from largely wholesale credit book to a well diversified book of Retail, Agri, MSME and Corporate Banking. The portfolio is well diversified across mortgage-backed loans (27%), vehicle finance (11%), rural (6%), MSME (8%), other retail loans (27%) and wholesale banking (21%) Pre-Merger Current September 30, 2018 June 30, 2026 Rs. 75,332 crore Rs. 3,05,370 crore Other 11%, MSME 1% Rural 6% Retail 2% Vehicle 6%, Rural Vehicle 0.1% 27%, Mortgage 8%, MSME Mortgage Backed 5% Backed 27%, Other Retail Wholesale 86% 21%, Wholesale • Wholesale book reduced from 86% to 21% • RAM book increased from 14% to 79% • Mortgage-backed loans increased from 5% to 27% 27 Section 3: Assets The Bank has diversified its loan book across more than 25 business lines Jun-26 Loan Book: June 30, 2026 Rs. 3,05,370 crore Other Corporates Infrastructure incl SE/SR1% Financing 1% Financial Institutions 10% Home Loan 9% Loan Against Property 12% Corporate Loans 9% Other Commercial Loans 0.3% Business Banking 4% Other Retail 2% Small Business and Professional Loan 4% KCC 2% Micro Credit & MSME Loans4% Salaried Personal Loan 6% Rural Finance 6% Digital Consumer Digital Personal Loan 5% Durable loan0.2% Education Loan 1% Credit Card 3% Gold Loan 2% Consumer Durable Loans 4% Two-Wheeler Loan 8% CV/CE Financing 3% Car Loan 3% 28 Section 3: Assets YoY Loan Growth driven by Mortgage, Vehicle, Consumer, MSME & Wholesale Loans Jun-26 Gross Loans & Advances (In Rs. Crore) Dec-18 Jun-25 Mar-26 Jun-26 QoQ (%) YoY (%) Retail Finance 26,877 1,47,502 1,71,459 1,79,192 4.5% 21.5% Mortgage Loans 12,462 57,804 61,471 62,480 1.6% 8.1% Vehicle Loans 5,281 27,020 33,531 34,144 1.8% 26.4% (In Rs. Crore) Consumer Loans 8,260 45,436 53,810 57,834 7.5% 27.3% Education Loan - 3,298 3,570 3,630 1.7% 10.1% Loans & Advances Jun-26 Mix % Credit Card - 8,075 9,165 9,580 4.5% 18.6% Retail Finance 1,79,192 59% Gold Loan - 2,409 3,915 4,892 24.9% 103.0% Rural Finance 24,427 8% Others 874 3,459 5,997 6,633 10.6% 91.7% Wholesale Financing 64,252 21% Rural Finance 4,679 23,922 24,146 24,427 1.2% 2.1% MSME Financing 37,499 12% - Of which Micro-finance Loans 4,336 8,354 6,662 6,698 0.5% -19.8% Total Loan Assets 3,05,370 100% Business Finance 73,105 81,809 94,673 1,01,751 7.5% 24.4% Wholesale Loans 67,733 49,279 57,884 64,252 11.0% 30.4% Business Banking 1,019 10,140 12,774 12,961 1.5% 27.8% (Property Backed Working Capital) CV & CE Financing 788 8,317 9,949 10,614 6.7% 27.6% Business Loans 3,565 14,073 14,066 13,924 -1.0% -1.1% (Term loans to Small Businesses) Total Loan Assets 1,04,660 2,53,233 2,90,278 3,05,370 5.2% 20.6% • Mortgage Loans includes Loan Against Property and Home Loans • Consumer loans include Salaried Personal Loans, Small Business & Professional Loans, Consumer Durable Loans, Digital Personal loans and digital consumer loans. • Wholesale Loans includes credit substitutes amounting to Rs. 7,537 crore. Infrastructure Book of Rs. 1,950 crore as on June 30, 2026 • Business Loans includes Trade Advances • The figures above are net of Inter-Bank Participant Certificate (IBPC) transactions & includes credit substitutes 29 Section 4: Asset Quality The fundamental underwriting principle of the Bank explained Jun-26 Cashflow • Cashflow analysis is the core part of our underwriting process. Bank assess customer cashflows, estimate repayment capacity and Analysis determine loan eligibility accordingly. • We leverage India’s digital public infrastructure, including Account Aggregator, GST data, India Stack, Credit bureaus, e-KYC, e- agreements and e-mandates. • Bank takes Debit instruction to loan account to the extent of EMI upfront during disbursal, the second core element of our model Stringent • Bank follows stringent multi-step underwriting process, depending on product; some of which are mentioned below - Process Cash Flow Financial Fraud Physical Title Deed Personal Analysis Ratio Analysis Detection Verifications Verification Discussions Credit • The bank has developed credit underwriting scorecards for dedicated cohorts by enriched them through repeated cycles over 15 Scorecards years with performance data over millions of customers. • These scorecards have evolved over the last 15 years supported by new advances in technology – Machine Deep Judgemental Parametric Generative AI Decision Tree Learning Learning Scorecards Models tech Models Models • Since loan tenors typically are between one to three years, the scorecards have evolved, have been tested through multiple loan life cycles during this time frame. 31 Section 4: Asset Quality The Bank collection efficiency stable at 99.5% Jun-26 Collections % do not include any arrear or prepayment collections and hence represents true collections efficiency. Stable 99.4% 99.4% 99.5% 99.5% 99.5% 99.5% 99.5% 99.6% 99.4% 99.4% 99.3% 99.4% 99.4% 99.4% 99.5% 99.6% 99.5% Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1FY27 • Numbers above pertain to collection efficiency in current bucket in Retail portfolio which is the majority of the Book. Collection Efficiency % = (Pos of EMI Collected for the Month)/(Pos of EMI Due for the month) % Note: The above figures are quarterly average of monthly collection efficiency for current bucket. 32 Section 4: Asset Quality SMA-1 & SMA-2 for RAM loan book @ lowest ever Jun-26 RAM = Retail, Agri and MSME book SMA 1 = 31-60 dpd SMA 1 & 2 represents portfolio under 31-90 dpd bucket, which is pre-NPA stage. Pre -NPA SMA 2 = 61-90 dpd NPA >90 dpd 2.23% 2.19% SMA-1 & SMA-2 portfolio as % of RAM Loan Book 1.66% SMA 1 & 2 is lowest ever and is expected to remain stable 1.07% 1.03% 0.97% 0.97% 0.84% 0.81% 0.78% 0.77% Mar-20 Mar-21 Mar-22 Mar-23 Mar-24 Jun-24 Sep-24 Dec-24 Mar-25 Mar-26 Jun-26 Above numbers are Gross of IBPC | SMA-1 & 2 for the Bank reduced from 0.64% in Mar-26 to 0.62% in Jun-26 33 Section 4: Asset Quality Product-wise SMA trend analysis (5 quarters) Jun-26 RAM = Retail, Agri and MSME book Product-wise SMA-1 & SMA-2 portfolio IMPROVED Jun-25 Sep-25 Dec-25 Mar-26 Jun-26 SMA-1 & 2 for overall RAM portfolio reduced from 0.78% in Mar-26 to 0.77% in Jun-26 % 4 STABLE 6 . ↓ 8 bps 2 % % % 6 6 7 % 9 7 % % 9 4 . 0 % 4 5 . 0 % 4 5 . 0 % 6 5 . 0 % 6 5 . 0 % 5 0 . 1 % 6 9 . 0 % 7 8 . 0 % 0 8 . 0 % 3 8 . 0 % 6 1 . 1 % 7 2 . 1 % 6 2 . 1 % 7 0 . 1 % 4 0 . 1 % 9 0 . 1 % 3 8 . 0 % 4 7 . 0 % 0 7 . 0 % 1 7 . 0 . 1 0 5 . 1 6 . 1 % 2 3 . 1 % 5 3 . 1 . 1 9 4 . 1 % 9 7 . 0 % 1 7 . 0 Mortgages Vehicles MSME Consumer Loans Credit Cards Microfinance business Above numbers are Gross of IBPC | Consumer loans include consumer durables, personal loans, digital loans and education loans | HL and LAP constitute Mortgages Loans 34 Section 4: Asset Quality Product-wise GNPA trend analysis (5 quarters) Jun-26 RAM = Retail, Agri and MSME book Product-wise Gross NPA portfolio IMPROVED Jun-25 Sep-25 Dec-25 Mar-26 Jun-26 % 3 7 Gross NPA for RAM portfolio improved from 1.47% as on Mar-26 to 1.40% as on Jun-26 . 9 % 6 7 . 7 ↓ 111 bps STABLE % 0 % 0 2 . 7 5 . 4 % 1 6 . 3 % 2 1 . 1 % 7 2 . 1 % 8 3 . 1 % 2 4 . 1 % 1 5 . 1 % 2 8 . 1 % 2 7 . 1 % 1 6 . 1 % 3 6 . 1 % 4 7 . 1 % 0 3 . 1 % 5 3 . 1 % 9 3 . 1 % 5 3 . 1 % 7 2 . 1 % 8 8 . 1 % 1 8 . 1 % 5 4 . 1 % 0 3 . 1 % 4 1 . 1 % 9 9 . 1 % 9 9 . 1 % 8 9 . 1 % 8 7 . 1 % 6 4 . 1 Mortgages Vehicles MSME Consumer Loans Credit Cards Microfinance business Above numbers are Gross of IBPC | Consumer loans include consumer durables, personal loans, digital loans and education loans | HL and LAP constitute Mortgages Loans 35 Section 4: Asset Quality Product-wise NNPA trend analysis (5 quarters) Jun-26 RAM = Retail, Agri and MSME book Product-wise Net NPA portfolio IMPROVED Jun-25 Sep-25 Dec-25 Mar-26 Jun-26 % 3 1 . 2 Net NPA for RAM book improved from 0.56% as on Mar-26 to 0.52% as on Jun-26 % 9 4 . 1 STABLE % ↓ 33 bps 4 1 . 1 % % 4 6 . 0 % 2 7 . 0 % 7 7 . 0 % 4 7 . 0 % 4 7 . 0 8 8 . 0 % 0 8 . 0 % 6 7 . 0 % 9 6 . 0 % 7 6 . 0 % 4 5 . 0 % 7 5 . 0 % 4 6 . 0 % 9 5 . 0 % 0 5 . 0 % 5 5 . 0 % 7 4 . 0 % 4 4 . 0 % 9 3 . 0 % 4 3 . % 7 5 . 0 % 6 5 . 0 % 8 5 . 0 % 4 4 . 0 % 0 4 . 0 % 0 8 . 0 % 7 4 . 0 0 Mortgages Vehicles MSME Consumer Loans Credit Cards Microfinance business Above numbers are Gross of IBPC | Consumer loans include consumer durables, personal loans, digital loans and education loans | HL and LAP constitute Mortgages Loans 36 Section 4: Asset Quality Overall Bank level NPA at its lowest point in its history Jun-26 Assets sold to ARC of Rs.2,405 COVID Pandemic Stable Asset Quality Cr in Jul-Aug’18 6.16% Assets sold to ARC of Merger of IDFC Rs. 4,049 Cr Bank & Capital in Mar’17 First in Dec’18 4.15% GNPA% NNPA% 3.70% 3.31% Formation of 3.00% IDFC Bank in 2.60% Oct’15 2.43% 2.51% 1.88% 1.87% 2.39% 1.61% 1.51% 1.86% 1.69% 1.53% 1.27% 1.10% 0.94% 0.86% 0.60% 0.53% 0.48% 0.44% Mar-16 Mar-17 Mar-18 Mar-19 Mar-20 Mar-21 Mar-22 Mar-23 Mar-24 Mar-25 Mar-26 Jun-26 Provision Coverage Ratio stood at 71.48% as on June 30, 2026 as compared to 70.46% as on March 31, 2026 37 Section 4: Asset Quality RAM asset quality has been stable over 15 years through cycles Jun-26 RAM = Retail, Agri and MSME book • Corridor of technology-led and cash-flow based underwriting approach, the Bank has maintained strong asset quality for over 15 years, with Gross NPA and Net NPA of approximately 2% and <1% respectively across multiple credit cycles. Credit Costs averaged 2.0% of loans (or 1.4% of assets) over FY21–FY26, including COVID an2d MFI credit cycle. RAM book-NPA ratio Stress Test 1: Stress Test 2: Stress 3: Stress Test 4: Stress Test 5: Stress Test 6: Economic Slowdown Demonetization GST IL&FS Crisis COVID-19 MFI Crisis GNPA NNPA 4.01% 2.63% 2.18% 2.14% 2.02% 1.91% 1.66% 1.77% 1.65% 1.70% 1.82% 1.73% 1.55% 1.46% 1.90% 1.38% 1.47% 1.40% 0.99% 1.51% 1.41% 1.19% 1.24% 1.15% 0.53% 1.06% 0.89% 0.25% 0.08% 0.67% 0.67% 0.55% 0.62% 0.66% 0.63% 0.63% 0.56% 0.52% 0.44% 0.38% 0.06% 0.00% Mar-11 Mar-12 Mar-13 Mar-14 Mar-15 Mar-16 Mar-17 Mar-18 Dec-18 Mar-19 Mar-20 Mar-21 Mar-22 Mar-23 Mar-24 Mar-25 Jun-25 Sep-25 Dec-25 Mar-26 Jun-26 38 Section 4: Asset Quality Wholesale Business Gross NPA at lowest level since inception Jun-26 Wholesale Banking 7.16% 6.31% Gross NPA% Net NPA% 4.60% 4.49% 3.63% 2.80% 2.73% 2.65% 2.43% 2.26% 2.31% 2.23% 2.01% 1.76% 1.46% 1.44% 0.05% 0.04% 0.03% 0.08% 0.10% 0.09% Dec-19 (Pre Covid) Mar-21 Mar-22 Mar-23 Mar-24 Mar-25 Jun-25 Sep-25 Dec-25 Mar-26 Jun-26 GNPA & NNPA excluding infrastructure financing book is at 1.26% and 0.09% 39 Section 4: Asset Quality NPA Movement Jun-26 Description (Rs. Crore) Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Opening NPAs 4,434 4,867 4,841 4,614 4,559 ADD: Gross additions 2,486 2,260 2,092 1,777 1,736 LESS: Recoveries and Upgrades (486) (522) (518) (621) (623) Net Addition to NPA 2,000 1,739 1,574 1,156 1,113 LESS: Write-offs (1,566) (1,765) (1,801) (1,211) (1,162) Closing NPA 4,867 4,841 4,614 4,559 4,510 Gross NPA (%) 1.97% 1.86% 1.69% 1.61% 1.51% Net NPA (%) 0.55% 0.52% 0.53% 0.48% 0.44% • Gross Slippages reduced by 30% YoY and Net Slippages reduced by 44% YoY • Gross slippages for Q1 FY27 improved to 2.49% as compared to 2.68% for Q4 FY26 40 Section 4: Asset Quality Average Credit Cost maintained ~2% including period of COVID and MFI Mar-26 ~2.0% on Avg Funded Assets through 6 years [~1.4% on Total Assets] On Average Total Assets, COVID affected period MFI affected period Credit Cost is 1.13% in Q1 FY27 2.64% 2.69% 2.42% 2.46% 2.24% 2.13% 2.05% 1.63% 1.53% 1.28% 1.13% FY21 FY22 FY23 FY24 FY25 FY26 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 • Bank received claims of Rs. 514.8 crore under the CGFMU scheme against MFI portfolio. The bank has created a contingency provision on a prudent basis of Rs. 515 crore for macro and geopolitical uncertainties. • Disbursements since January 2024 are CGFMU-covered, with coverage at 93% of total microfinance book as of June 30, 2026 41 Section 5: Profitability & Capital Balance Sheet Jun-26 In Rs. Crore Jun-25 Mar-26 Jun-26 YoY Shareholders' Funds 38,719 47,352 48,651 25.7% Deposits 2,64,971 2,94,475 3,11,892 17.7% - CASA Deposits 1,27,158 1,46,650 1,58,492 24.6% - Term Deposits 1,37,813 1,47,824 1,53,399 11.3% Borrowings 42,806 36,621 41,384 -3.3% Other liabilities and provisions 14,928 21,333 18,882 26.5% Total Liabilities 3,61,424 3,99,780 4,20,810 16.4% Cash and Balances with Banks and RBI 15,517 12,762 13,356 -13.9% Net Retail and Wholesale Loans & Advances* 2,49,111 2,86,636 3,01,731 21.1% Investments 80,947 79,721 88,004 8.7% Fixed Assets 2,653 2,557 2,545 -4.1% Other Assets 13,196 18,104 15,173 15.0% Total Assets 3,61,424 3,99,780 4,20,810 16.4% *includes credit investments (Non-Convertible Debentures, PTC, SRs and Loan Converted into Equity) 43 Section 5: Profitability & Capital Quarterly Income Statement Jun-26 Growth (%) Growth (%) In Rs. Crore Q1 FY26 Q4 FY26 Q1 FY27 QoQ YoY Interest Income 9,642 10,553 11,051 4.7% 14.6% Interest Expense 4,709 4,876 5,079 4.2% 7.8% Net Interest Income 4,933 5,677 5,972 5.2% 21.1% Fee & Other Income 1,731 2,063 2,128 3.1% 22.9% Trading Gain 495 -159 181 - -63.5% Operating Income 7,160 7,581 8,282 9.2% 15.7% Operating Income (Ex. Trading gain) 6,664 7,740 8,100 4.6% 21.5% Operating Expense 4,921 6,249 5,729 -8.3% 16.4% Pre-Provisioning Operating Profit (PPOP) 2,239 1,333 2,553 91.6% 14.0% Operating Profit (Ex. Trading gain) 1,744 1,492 2,371 58.9% 36.0% Provisions 1,659 1,143 1,144 0.1% -31.1% Profit Before Tax 580 189 1,409 644.2% 142.8% Tax 118 -130 334 - 183.6% Profit After Tax 463 319 1,075 237.0% 132.4% • Operating Income (excluding trading gain) grew 21.5% YoY in Q1 FY27 as compared to 17.1% YoY growth during Q4 FY26 • C:I ratio (excluding trading gains) improved by 310 bps to 70.7% in Q1-FY27 from 73.8% in Q1-FY26 • Operating expenses during Q1 FY27 sequentially grew 2.3% QoQ, excluding impact of fraud incident in Q4 FY26 amounting Rs. 646 crore, included in operating expenses • Bank received claims of Rs. 514.8 crore under the CGFMU scheme against MFI portfolio. The bank has created a contingency provision on a prudent basis of Rs. 515 crore for macro and geopolitical uncertainties. • Tax line includes income tax refund of Rs. 174 crore on account of a favourable income tax order in Q4 FY26 44 Section 5: Profitability & Capital NIM strong at 5.96% Jun-26 Risk Adjusted NII (Q1-FY27): 4.75% As microfinance industry (NII Less Credit Cost) / average total asset gradually coming back to Declined because of normalcy, the pressure on decline in MFI book NIM has diminished 6.36% Includes benefit of 6.05% 6.09% 5.96% 5.86% 5.75% 6 bps on account of interest on 4.88% income tax refund Upon 3.81% merger Pre merger 2.62% 1.70% FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 Q1 FY27 FY18 NIM is as reported by erstwhile IDFC Bank in respective period investor presentation 45 Section 5: Profitability & Capital Breakup of Fee & Other Income – Q1 FY27 Jun-26 • 91% of the fee income & other income is from retail banking operations. • Fee to Average total assets stood at 2.09% for Q1 FY27 compared to 2.01% for Q1 FY26 and 2.06% for full year FY26 Loan Origination Fees General banking Fees & Others 37% 19% Wealth Management Third Party Distribution 10% Credit Card & Toll 23% Trade & Client Fx 11% 46 Section 5: Profitability & Capital Composition of Operating Expenditure – Q1 FY27 Jun-26 Volume linked expenses include collection cost, Risk Containment Unit cost, credit administration cost, DICGC premium, credit card reward cost, UPI & RTGS charges etc. Channel Sourcing expenses included commissions & charges paid to the channels. The Bank has incurred set up costs during the last 7 years and plans to leverage the same in the coming years. Others Employee Related Infra Related 11% Expenses Expenses 30% 6% IT Expenses 9% Volume Linked Channel Sourcing Expenses Expenses 24% 20% 47 Section 5: Profitability & Capital Improving cost to income ratio across business segments with scale Jun-26 Cost to Income ratio (excluding trading gains) of the Bank improved 310 bps to 70.7% in Q1-FY27 from 73.8% in Q1-FY26 Overall Bank: Cost to Income Ratio Trend • Due to the Microfinance (MFI) crisis in India, the (Excluding Trading Gain) Bank reduced its MFI loan book from Rs. 13,344 Pre-merger crore in FY24 to Rs. 6,698 crore currently. 95.1% • Since the MFI portfolio carried yields of ~23%, the sharp reduction in the book led to a meaningful 85.2% decline in income and offset the operating leverage benefits from growth in the rest of the 78.8% 77.8% franchise. 76.9% 72.5% 72.9% 72.8% 73.5% • The MFI portfolio degrowth has bottomed out. It 70.7% has begun to grow again on newer guardrails. • From here, we expect the journey of reduction in Cost-to-Income ratio to resume. • Hence, the improvement in operating leverage was clouded by microfinance income reduction Q2 FY19 H2 FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 Q1 FY27 C:I ratio of FY26 for overall bank excludes the impact of fraud incident 48 Section 5: Profitability & Capital Assets Cost to Income ratio improving with normalcy in the microfinance segment Jun-26 With the normalizing of the Assets: Cost to Income Ratio Trend microfinance business, we aspire to reduce from 57.7% to around 50% over the next 4-5 years. 60.5% 59.7% 59.2% 57.7% 56.1% 53.2% 52.7% FY21 FY22 FY23 FY24 FY25 FY26 Q1 FY27 Based on applicable internal transfer pricing of the Bank 49 Section 5: Profitability & Capital Cost to Income ratio for Retail Liabilities expected to reach 100% over next 4-5 years Jun-26 Retail Liabilities: Cost to Income Ratio Trend • Retail liability business is a new business set up by the bank to raise deposits. • Branches take time to get to profitability 553.0% because of setup costs of branches, ATMs, people, technology, etc. • The C:I ratio has come down from 226% to 148% over the last 4 years, and we expect the trend to continue and reach 100% over the next 4-5 years. 226.5% 196.7% 181.6% 171.1% 146.1% 148.1% FY21 FY22 FY23 FY24 FY25 FY26 Q1 FY27 C:I ratio of FY26 for Retail Liabilities excludes the impact of fraud incident | Based on applicable internal transfer pricing of the Bank 50 Section 5: Profitability & Capital Cost to Income ratio for Credit Card has improved to 83.6% in Q1 FY27 Jun-26 Credit Cards: Cost to Income Ratio Trend 431.5% Credit card business was set up in FY22, and the C:I ratio has come down from 240% to 83.6% by Q1 FY27. We expect the same trend to continue and reach the mid-sixties in the next 4-5 years. 240.0% 164.6% 116.0% 99.8% 95.4% 83.6% FY21 FY22 FY23 FY24 FY25 FY26 Q1 FY27 Based on applicable internal transfer pricing of the Bank 51 Section 5: Profitability & Capital Improving profitability metrices Jun-26 YoY Growth of Operating Income (Excluding Trading Gains) YoY Growth of Operating Expenses 23.7% Microfinance headwinds weighed on operating income, while technology- 21.5% led efficiencies and cost discipline moderated opex growth. 20.4% 21.1% Δ~500 bps 17.1% 15.7% 17.7% 16.1% 16.4% 13.4% 12.5% 12.2% 11.0% 12.9% 12.3% Operating efficiencies are 8.7% 8.4% driving positive jaws. 6.0% Q1FY25 Q2FY25 Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Operating expenses for Q4 FY26 excludes the impact of fraud incident of Rs. 646 crore 52 Section 5: Profitability & Capital Improving profitability metrices Jun-26 In Rs. crore Core PPOP (Excluding Trading Gains) 2,371 2,138 1,937 1,858 1,857 1,825 1,736 1,744 1,618 • Core PPOP, which had seen a decline in the first half of FY26, resumed to positive-growth trajectory in the latter half and grew strongly at 36.0% in Q1 FY27. Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 • Coupled with a significant improvement in provisioning PPOP to Assets (excluding trading gains) trends, PAT returned to 2.3% 2.3% healthy growth trajectory. 2.3% 2.2% 2.1% 1.6% • Core PPOP to Total Average 1.2% Assets improved from 2.0% in 1.1% Q1 FY26 to 2.3% in Q1 FY27 FY20 FY21 FY22 FY23 FY24 FY25 FY26 Q1FY27 • For Q4 FY26, Core PPOP- and PPOP to Assets ratio, excludes the impact of fraud incident of Rs. 646 crore 53 Section 5: Profitability & Capital Strong growth in profitability in Q1 FY27 Jun-26 • The Asset Businesses (RAM & Wholesale Banking) have strong profitability even after factoring for provisions. • The Bank is investing the profits from lending business into building the deposit, rural and other businesses. • The Return on Assets (RoA) stood at 1.06% and Return on Equity (RoE) stood at 8.98%, to improve with operating leverage and scale. Impact due to Net Profit (Rs. Crore) microfinance crisis 2,957 2,437 1,525 1,636 1,075 452 145 -1,944 -2,864 FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY26 Q1 FY27 • Profit after Tax (PAT) pertaining to Mar-26 includes the impact of the fraud incident reported during the Q4 FY26, excluding this PAT would be Rs. 2,119 crore in FY26. 54 Section 5: Profitability & Capital Assets (Retail Loans, Credit Cards & Wholesale Banking) : Profitability Jun-26 Operating Profit as a % of Average Loan Book (Retail + Credit Cards + Wholesale) Rs. Crore Avg. Loan Book 1,04,565 1,02,663 1,12,734 1,42,483 1,80,927 2,20,143 2,61,033 2,95,499 4.6% 4.4% 4.1% 3.7% 3.4% 3.4% 3.0% 2.3% FY20 FY21 FY22 FY23 FY24 FY25 FY26 Q1 FY27 Above numbers are based on internal transfer pricing of the Bank 55 Section 5: Profitability & Capital Retail Liabilities Business : Moving towards break even with scale and productivity Jun-26 • Being a new Bank, we had to invest in building branch infrastructure, people, digital platforms and other capabilities. • With increasing scale, Operating losses as % of Deposits continues to reduce, trend expected to continue. • Overall profitability of Bank to be positively impacted with breakeven of deposit business Operating Profit as % of Average Retail Liabilities Rs. Crore Avg Retail Liabilities 23,225 55,992 69,620 91,615 1,37,269 1,89,426 2,36,528 2,56,100 -0.8% -1.0% -1.2% -1.8% -1.7% -2.1% -3.0% -4.2% FY20 FY21 FY22 FY23 FY24 FY25 FY26 Q1 FY27 56 Based on internal transfer pricing of the Bank; Average Retail Liabilities includes deposits raised through retail banking & government banking group FY26 includes the impact of the fraud incident 56 Section 5: Profitability & Capital The lending engine earns a healthy RoA; profits are reinvested into other growth businesses Jun-26 INVESTMENTS Where lending profits are being reinvested a Deposit franchise & network :1,155 branches, 1,110 ATMs | Customer Deposits Rs. 38,455 → 2,99,405 Cr; b #1 mobile banking app: #1 in India (#2 globally); rated 4.9 on Google Play and 4.8 on App Store c New product launches: Prime HL, Credit Cards, Gold Loan, Education Loan, Tractor Loan d Priority Sector Lending: Built PSL franchise- agri, small & marginal farmers, weaker sections e Credit Cards & FASTag: 4.8 Mn+ Cards in Force | 18 Mn+ active FASTags f Transaction Banking: Cash & Trade, FX and Supply Chain Financing across 2,300 clients g Technology & analytics: 150 ML + scorecards; Cloud, Microservices, API factory, cybersecurity, CRM & modern data platforms As the investment businesses scale up and become profitable, the overall profitability of the Bank is expected to improve from here 57 Section 5: Profitability & Capital Capital Adequacy Ratio Jun-26 In Rs. Crore Jun-25 Mar-26 Jun-26 Common Equity * 37,058 45,427 47,341 Tier 2 Capital Funds 6,422 6,186 6,126 Total Capital Funds 43,480 51,613 53,467 Total Risk Weighted Assets 2,89,625 3,30,919 3,55,232 CET-1 Ratio (%) 12.80% 13.73% 13.33% Total CRAR (%) 15.01% 15.60% 15.05% * Jun-25 & Jun-26 includes profits for respective Quarter The Operational Risk RWA computation is re-assessed at the beginning of every year, which impacted CET-1 ratio by ~30 bps 58