**Financial Highlights:** Q1FY26 Profit After Tax (PAT) rose 10% YoY to Rs 322 Cr.

Advances hit Rs 89,198 Cr (+8% YoY), Deposits Rs 112,922 Cr (+9% YoY). Asset quality saw sharp improvement: Gross NPA (GNPA) at 3.15% (from 4.50%) and Net NPA (NNPA) at 0.68% (from 1.44%). Strong Provision Coverage Ratio (PCR) of 88.82% and Capital Adequacy Ratio (CRAR) of 19.48%. **Strategic Initiatives & Growth Drivers:** The bank drives strong disbursement growth (+56% YoY), focusing on retail and MSME segments with tech-enabled processes.

Digital initiatives are building "frictionless processes," significantly boosting operational efficiency as reflected in an improved Cost-to-Income ratio. **Business Developments:** An impressive 81% of the loan book has churned since Oct’2020, with the new book showing minimal GNPA (0.48%). The bank continues expanding its loan book beyond Kerala and maintains a high share (67.3%) of A & above rated corporate loans. **Market Position & Competitive Advantage:** With a Pan-India presence, the bank's market position is bolstered by its dramatically improved asset quality, bringing Net NPA below pre-COVID levels.

It also maintains a stable 32.06% CASA (Current Account Savings Account) ratio, adding a competitive edge. **Investor Implications:** The bank displays positive growth potential, underpinned by robust asset quality recovery, strategic loan diversification, and efficiency gains from digital transformation.

This trajectory points to a resilient and improving business outlook.