Slides
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Investor Presentation Q2-FY27 | September 2026 October 23, 2026
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2 Presentation Path 02 Business Performance 03 Asset Quality 04 Financial Highlights 05 Capital and Liquidity Position 06 Other Key Information 01 Executive Summary
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3 IndusInd Bank at a Glance Deposits ₹ 4,28,832crs Customers 42 mn 5th Largest Private Bank Touch Points 9,457 Wholesale 42% share in Loan Book Retail Deposit Share 49% as per LCR Monthly Active Users on INDIE App 2.8mn+ Retail 58% Operating Profit ₹ 2,874crs Net Profit ₹ 1,242crs Return on Assets *Annualized 0.87% CRAR 16.59% Tier 1: 15.55% | Tier 2: 1.04% Average LCR 127% PCR 70% GNPA 2.73% | NNPA 0.83% Universal Offerings Robust Balance Sheet Key Profitability Metrics Loans ₹ 3,63,104crs
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4 Highlights for Q2FY27 Balance Sheet Acceleration in Business Momentum Across Segments Asset Quality Continued moderation in stress pools with lower slippages Profit & Loss Avg Total Deposits: ↑ 7% QoQ Avg Retail Deposits: ↑ 5% QoQ Retail Deposit share: 49.0% vs. 49.5% QoQ Avg Total Loans: ↑ 9% QoQ Avg Retail Loans: ↑ 9% QoQ Avg Wholesale Loans: ↑ 9% QoQ GNPAs: 2.73% vs 3.25% QoQ NNPAs: 0.83% vs 0.95% QoQ PCR: 70% vs 71% QoQ Net Security Receipts: 0.03% vs 0.07% QoQ Restructured Book: 0.04% vs 0.05% QoQ SMA 1 & SMA2: 0.05% vs 0.12% QoQ NIM Impact coming from FCNR (B) mobilization; offset by other P&L line items. NII: Rs4,569Crs ↓2% QoQ PPOP: Rs2,874Crs ↑4% QoQ PAT: Rs1,242Cr ↑ 20% QoQ NIM: 3.23% vs 3.57% QoQ RoA: 0.87% vs 0.78% QoQ RoE: 7.37% vs 6.26% QoQ
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5 Balance Sheet Key Financial Metrics for Q2 FY27 Profit & Loss *All P&L ratios are annualized. Loans ₹ 3,63,104crs 11% YoY 11% QoQ Deposits ₹ 4,28,832crs 10% YoY 3% QoQ Borrowings ₹ 53,781crs 19% YoY 23% QoQ Net worth ₹ 65,985crs 6% YoY 2% QoQ Total Assets ₹ 5,80,148crs 10% YoY 5% QoQ Net NPA 0.83% (21)bps YoY (12)bps QoQ Liquidity Coverage Ratio 127% (4)% YoY 0% QoQ Provision Coverage Ratio 70% (162)bps YoY (123)bps QoQ Book Value Per Share ₹ 847 6% YoY 2% QoQ CRAR 16.59% (51)bps YoY (56)bps QoQ Net Interest Income ₹ 4,569crs 4% YoY (2)% QoQ Total Other Income ₹ 2,248crs 36% YoY 26% QoQ Operating Profit ₹ 2,874crs 40% YoY 4% QoQ Provisions & Contingencies ₹ 1,223crs (54)% YoY (12)% QoQ Net Profit ₹ 1,242crs NM YoY 20% QoQ PPOP to Avg Loans 3.29% 80bps YoY (20)bps QoQ Provisions to Avg Loans 1.40% (181)bps YoY (34)bps QoQ Return on Assets 0.87% 41bps YoY 9bps QoQ Return on Equity 7.37% 367bps YoY 111bps QoQ Earning Per Share ₹ 63.8 NM YoY 20% QoQ
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6 Consolidated Balance Sheet (End of Period) ₹ crs Q2FY27 Q2FY26 Y-o-Y (%) Q1FY27 Q-o-Q (%) Capital & Liabilities Capital 779 779 - 779 - Reserves and Surplus 67,142 64,279 4% 66,049 2% Deposits 4,28,832 3,89,600 10% 4,14,766 3% CA Deposits 36,742 31,916 15% 34,620 6% SA Deposits 83,024 87,854 (5)% 87,440 (5)% Borrowings 53,781 45,350 19% 43,864 23% Other Liabilities and Provisions 29,614 27,481 8% 29,467 0% Total 5,80,148 5,27,490 10% 5,54,926 5% Assets Cash and Balances with RBI 18,073 25,585 (29)% 33,766 (46)% Balances with Banks 44,862 14,193 216% 32,835 37% Investments 1,06,391 1,24,008 (14)% 1,14,802 (7)% Advances 3,63,104 3,25,881 11% 3,26,274 11% Fixed Assets 2,518 2,578 (2)% 2,515 0% Other Assets 45,200 35,246 28% 44,733 1% Total 5,80,148 5,27,490 10% 5,54,926 5%
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7 Consolidated Profit and Loss Account – Q2FY27 and H1FY27 ₹ crs Net Interest Income 4,569 4,409 4% 4,685 (2)% 9,254 9,049 2% Other Income 2,248 1,651 36% 1,787 26% 4,034 3,808 6% Total Income 6,817 6,061 12% 6,471 5% 13,289 12,857 3% Operating Expenses 3,943 4,013 (2)% 3,698 7% 7,641 8,243 (7)% Operating Profit 2,874 2047 40% 2,773 4% 5,648 4,615 22% Provisions & Contingencies 1,223 2,631 (54)% 1,384 (12)% 2,607 4,391 (41)% Profit /(Loss) before Tax 1,652 (584) NM 1,389 19% 3,041 223 NM Provision for Tax 410 (147) NM 352 16% 762 56 NM Profit/(Loss) after Tax 1,242 (437) NM 1,037 20% 2,279 167 NM Q2FY27 H1FY27 H1FY26Q2FY26 Y-o-Y (%) Q1FY27 Q-o-Q (%) Y-o-Y (%)
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8 Presentation Path 01 Executive Summary 03 Asset Quality 04 Financial Highlights 05 Capital and Liquidity Position 06 Other Key Information 02 Business Performance
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9 57% 59% 58% 57% 57% 43% 41% 42% 43% 43% 0% 20% 40% 60% 80% 100% 120% Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 Retail Wholesale 7% 7% 8% 8% 7% 23% 23% 22% 22% 20% 70% 70% 70% 70% 72% 3,60,000 3,70,000 3,80,000 3,90,000 4,00,000 4,10,000 4,20,000 0% 20% 40% 60% 80% 100% 120% Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 CA SA TD Deposit and Loan Book Performance Deposit Mix – Average for the period (₹ crs) Loan Mix – Average for the period (₹ crs) QoQYoY QoQYoY 10% 11% (2)% (2)% 7% 4% 3,84,166 3,79,139 3,81,458 3,83,807 4,11,974 7% 7% 3,25,015 3,19,860 3,12,909 3,18,564 3,46,138 6% 9% 7% 9% 6% 9%
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10 Building a Granular and Cost-Efficient Liabilities Franchise Retail + SBC Deposit as per LCR Definitions – Average (₹ crs) Share of Certificate of Deposits (% of Total Deposits) Borrowings Constituted by Long Term Sources Cost of Deposits (%) Cost of SA 6.23% 6.09% 6.07% 5.93% 5.96% Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 4.67%4.89%4.88%4.90% 4.64% QoQ YoY 12% 6% bps QoQ bps YoY bps QoQ bps YoY (311) (262) (27) 3 1,80,475 1,80,113 1,82,898 1,90,166 2,01,780 47.0% 47.5% 47.9% 49.5% 49.0% 35.0% 37.0% 39.0% 41.0% 43.0% 45.0% 47.0% 49.0% 51.0% 53.0% 55.0% - 50,000 1,00,000 1,50,000 2,00,000 2,50,000 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 Retail & SBC Deposits % Share of Total Refinance from Development Institutions 40% Long-Term FCY Borrowings 25% Tier-II BONDS 5% Infrastructure Bonds 3% Short-Term FCY Borrowings (< 12 months) 27%6.4% 6.1% 6.2% 5.9% 3.3% Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27
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11 Key Drivers of Retailisation of Deposits Process and Productivity Enhancement ‘One Bank’ approach holistically serving customer needs Improving TAT for processes across acquisition & servicing Revamped KRAs Cross-sell driven engagement Premiumization and Differentiated Product Offerings Wealth management via Affluent proposition Segmental focus - Business owners, Family offices, NRIs, Entrepreneurs Corporate/ Branded salary accounts Owner/Promoter/Director/Trustee (OPDT) accounts Digital Enablers and Innovation Curated digital journeys INDIE app enrichment with enhanced features Upgrading CRMs in sync evolving customer preference Fintech partnerships Leveraging Rural and Semi-Urban Distribution Deep rural presence covering 1.54lacs villages Leveraging domain expertise and leadership in livelihood loans Tailored merchant offerings 85K+ Active Bharat Money Stores providing banking at doorstep in remote areas
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12 Supported by Large Distribution Network Widespread Pan India Footprint Regional Breakdown of Branches 9,457 Touch Points ~1,54,000 Villages Covered Particulars (#) Sep-26 Jun-26 QoQ Branches/Banking Outlets 3,139 3,137 2 BFIL Branches 3,471 3,348 123 Vehicle Finance Marketing Outlets 74 75 -1 Total Outlets 6,684 6,560 124 ATMs 2,773 2,853 -80 Total Touch Points 9,457 9,413 44 Geographical Breakdown of Branches North 22% South 27%West 18% East 20% Central 13% Rural 24% Semi Urban 23% Metro 28% Urban 25%
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13 Loan Book Diversified Across Customer Segments Loan mix and Growth (End of Period) Rs. Crore Q2 FY27 YoY QoQ % Share Retail 2,10,330 13% 12% 58% Vehicle Finance 1,00,651 5% 1% 28% Rural Banking 33,338 -6% 6% 9% Consumer Banking* 76,341 38% 36% 21% Wholesale 1,52,774 10% 10% 42% Large Corporates 58,631 1% 8% 16% Institutional & Government Banking 37,197 23% 8% 10% Commercial Banking, Mid Market and Others 56,947 12% 13% 16% Overall Loan Book 3,63,104 11% 11% 100% Loan Book Composition Vehicle Finance, 28% Rural Banking, 9% Consumer Banking, 21% Large Corporates, 16% Commercial Banking, Mid Market and Others, 16% Institutional & Government Banking, 10% * Q2 FY27 includes Retail FCNR(B) deposits related Advances of 16,564 Cr.
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14 24% 24% 24% 24% 25% 14% 14% 14% 14% 14% 32% 32% 32% 32% 33% 13% 13% 14% 14% 14% 10% 9% 9% 8% 8% 8% 8% 7% 7% 7% Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 MHCV LCV PV CE 2-W & SCV Tractor 20% 23% 28% 24% 26% 16% 14% 15% 15% 15% 32% 31% 28% 31% 31% 13% 13% 15% 14% 13% 12% 11% 8% 8% 9% 6% 8% 6% 8% 5% Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 MHCV LCV PV CE 2-W & SCV Tractor Vehicle Finance: Leadership Across Vehicle Categories Vehicle Finance Loan Book (₹ crs) Vehicle Finance Disbursements (₹ crs) 35+ Years of Vintage Market Leader in Most Products Nationwide Diversified Presence Healthy Collateral Coverage Digital Initiatives for a Customer-first Experience New vs Used Loan Book 82%:18% YoY QoQ QoQ YoY 5% 1% 17% 10%96,208 98,196 99,876 99,718 100,651 10,265 12,909 12,665 10,832 11,968
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15 2,514 2,692 2,839 2,889 2,955 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 Rural Banking: Leveraging Deep Distribution to Serve the Underserved 154K Villages served across 23 States 27K+ Unique Farmers 85K+ Active Bharat Money Stores Banking at doorstep in remote areas 590K Borrowing Merchants Micro Loan Book* (₹ Crs) Avg o/s per borrower * Includes Microfinance loans as per RBI definition and other inclusive banking loans Merchant Loan Book (₹ Crs) Avg o/s per borrower Kisan Credit & Other Rural Loan Book (₹ Crs) Avg o/s per borrower Affordable Housing Loan Book (₹ Crs) Avg o/s per borrower QoQ YoY QoQ YoY QoQ YoY 20% 7% (4)% (0)% 18% 2% 10.9L 10.9L10.9L 11.0L 11.1L15.2L 15.8L15.6L 15.4L 15.3L 7,262 7,338 8,042 8,095 8,694 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 37.9K 41.4K39.1K 45.3K 54.0K 118K 146K136K 148K 160K QoQYoY (18)% 8% 396% 25% 4,284 4,267 4,384 4,128 4,117 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 21,321 17,669 16,782 16,305 17,571 1,319 3,598 5,478 5,226 6,548 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 Loan Book Disbursements
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16 Consumer Banking: Broadening the Traditional Retail Asset Franchise Improved risk & analytical models Increased digital & branch sourcing RuSU expansion Process revamps LAP (₹ crs) 13,156 13,374 12,518 13,489 14,407 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 QoQ YoY 10% 7% BBG (₹ crs) 10,201 9,458 9,729 9,610 10,523 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 QoQ YoY 3% 10% Home Loans (₹ crs) 5,547 6,114 6,510 6,889 7,733 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 QoQ YoY 39% 12% Personal Loans (₹ crs) QoQ YoY (7)% (2)% Credit Cards (₹ crs) QoQ YoY (15)% (3)% 4,710 4,942 5,447 6,340 24,414 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 QoQ YoY Other Retail (₹ crs) 418% 285% 10,815 10,605 10,629 10,302 10,095 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 10,747 10,264 9,751 9,418 9,167 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 Q2 FY27 includes Retail FCNR(B) deposits related Advances of 16,564 Cr.
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17 SME & Mid Market: Addressing Large Opportunity with Focus on Granular Portfolio SME & Mid Market Loan Book (₹ crs) and % Share in Loan Mix Portfolio Spread Across Industries Integrated Operating Model Tailormade Digital Offerings Strong Risk Assessment & EWS Increasing SME Distribution Coverage QoQ YoY Trading - Wholesale +Retail , 9% Steel, 9% Educational Institutions, 7% Trading - Wholesale, 7% Automobile Dealers, 6% Agriculture, 5% Food Products Beverages and Other Food processing, 5% Construction, 4% Textile, 3% Chemicals , 2% Pharma, 2% Real Estate - Commercial, Residential & Warehousing, 2% Other Industry, 39% 52,294 51,123 50,829 51,823 58,574 16.0% 16.1% 16.1% 15.9% 16.1% 13.0% 18.0% 0 10,000 20,000 30,000 40,000 50,000 60,000 70,000 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 12% 13%
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18 40% 38% 36% 39% 38% 24% 23% 25% 25% 24% 37% 39% 39% 36% 37% Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 Large Corporates Institutional & Government Banking Commercial Banking, Mid Market and Others Primary Banker to Emerging & Mid Corporates Deep Domain Presence in Focused Sectors Granularity and Annuity led fees Ingrained Liability Approach Wholesale Banking: Driven by Risk Adjusted Return on Capital Sector-wise Loan Mix (% of Total Loans) Wholesale Banking Loan Book (₹ crs) Benchmark Rate Mix (% of Total WBG Loans) Risk Profile: Rating wise Corporate Exposure * * Includes fund and non-fund-based exposure to corporate clients / based on internal ratings 1,39,114 1,32,616 1,29,364 1,39,092 1,52,774 QoQ YoY 10% 10% Sector Q2 FY27 NBFCs (excl NBFC- MFI &HFCs) 6.26% Real Estate - Commercial, Residential & Warehousing 4.10% Gems and Jewellery 2.89% Steel 2.04% Power Generation – Non Renewable 1.72% Power Generation – Renewable 1.47% Construction 1.39% Others 22.17% Wholesale Banking 42.04% Consumer Banking 57.96% Total 100.00% Repo 49% Other EBLR 33% MCLR 5% Fixed 13% 3% 2% 3% 3% 3%20% 21% 21% 21% 21% 29% 32% 31% 32% 30% 30% 29% 29% 30% 30% 18% 16% 16% 13% 16% Sep-25 Dec-25 Mar-26 Jun-26 Sep-26 BB+ & Below BBB A AA AAA
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19 Digital snapshot Q2FY27 Retail Banking (INDIE app) *-% of IBL Active SA base. New Digital Offerings 5.39 Mn Registered users 2.9 Mn Monthly active users (MAU) 560K Monthly transacting users (MTU) 19% of MAU 37%* Digital penetration Share of retail customers active on digital Strategic partnership to strengthen everyday digital payments. Users Payments Products & experience ₹437 Cr UPI value 1.5 Mn transactions ₹26K Cr Fund transfer value 5.4 Mn transactions ₹820 Cr Bill payment value 498K transactions 235K Deposits opened digitally ₹6.3K Cr Value of deposits opened digitally 14.5K Credit cards acquired digitally INDIE app rating 4.5 4.7 FD Secure Lock Money In Money Out Q2FY27 saw continued growth in INDIE's user base and engagement, translating into sustained momentum across UPI, Bill Payments and Fund Transfers.
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20 Digital snapshot Q2FY27 MSME Banking (INDIE for Business) *-% of IBL Active CA base. Seamless SME and Corporate Banking 700 K Registered users 383 K Monthly active users (MAU) 128K Monthly transacting users (MTU) 33% of MAU 55%* Digital penetration Share of MSME customers active on digital Collaboration with J.P. Morgan Payments to launch Xpedite, a cross-border remittance solution designed to simplify international payments. Users Payments Products & experience ₹38K Cr Fund transfer value 4.5 Mn transactions ₹175 Cr Bill Payment value 38K transactions ₹256 Cr Statutory payments value 21K transactions 71 K Service requests volume 1,038 Merchants registered ₹363 Cr Value of deposits opened digitally INDIE for Business app rating 4.6 4.6 Account Management on App and Web Statutory Payments Growth in business account registrations, merchant onboarding and payment transactions during Q2FY27 shows increasing adoption of INDIE for Business for business banking needs
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21 Presentation Path 01 Executive Summary 02 Business Progress 04 Financial Highlights 05 Capital and Liquidity Position 06 Other Key Information 03 Asset Quality
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22 0.26% 0.17% 0.17% 0.12% 0.05% Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 Stressed Assets and Provisions Restructured Book and Net Security Receipts (% of Net Advances)Gross NPA and Net NPA (%) Restructured Book and Net Security Receipts (% of Net Advances)Provision Coverage Ratio (%) Restructured Book and Net Security Receipts (% of Net Advances)SMA1 and SMA2 (% of Net Advances)* Restructured Book and Net Security Receipts (% of Net Advances)Restructured Book and Net Security Receipts (% of Net Advances) *as reported to CRILC: outstanding loan book with customers having exposure of Rs.5crs or above 3.60% 3.56% 3.43% 3.25% 2.73% 1.04% 1.04% 1.00% 0.95% 0.83% Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 GNPA NNPA 0.08% 0.07% 0.06% 0.05% 0.04% 0.17% 0.09% 0.08% 0.07% 0.03% Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 Restructured Book Net Security Receipts QoQYoY QoQYoY QoQ YoY (87)bps (52)bps (21)bps (12)bps (14)bps (4)bps (5)bps (1)bps (20)bps (6)bps QoQ YoY (162)bps (123)bps 72% 72% 71% 71% 70% Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 PCR
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23 Segment wise Asset Quality Trends Write Offs Gross NPANet Slippages Gross Slippages ₹ Crs 677 731 675 1,072 191 133 157 183 167 570 480 460 61 75 25 Q2 FY26 Q1 FY27 Q2 FY27 475 501 416 1,002 143 90 124 135 129 486 361 345 7 48 Q2 FY26 Q1 FY27 Q2 FY27 120 140 112 1,575 817 1,011 379 105 158 440 372 353 3 - 37 Q2 FY26 Q1 FY27 Q2 FY27 2,451 3,009 3,313 4,719 2,661 1,740 867 970 941 1,250 1,182 1,174 2,770 3,026 2,937 Q2 FY26 Q1 FY27 Q2 FY27 -52 2,537 1,660 1,460 2,094 1,188 928 2,517 1,435 1,671 12,058 10,849 10,106
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24 Movement in Non-Performing Assets ₹ Crs Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 Opening Balance 12,481 12,058 11,605 11,095 10,849 Fresh Additions 2,537 2,560 1,825 1,660 1,460 Deductions 2,960 3,013 2,335 1,907 2,203 -Write-offs 2,517 2,612 1,868 1435 1671 -Upgrades 199 166 203 225 195 -Recoveries 244 235 263 248 337 Gross NPA 12,058 11,605 11,095 10,849 10,106 Net NPA 3,399 3,304 3,169 3,101 3,012 % of Gross NPA 3.60% 3.56% 3.43% 3.25% 2.73% % of Net NPA 1.04% 1.04% 1.00% 0.95% 0.83% Provision Coverage Ratio 72% 72% 71% 71% 70% Provision & Contingencies 2,631 2,096 1,482 1,384 1,223 Credit Cost (% of Avg Loans) 3.24% 2.62% 1.89% 1.74% 1.40%
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25 Loan Related Provisions held as on September 30, 2026 • Specific provision of ₹ 7,023 crs for non-performing accounts (towards PCR) • Floating provisions of ₹ 70 crs (towards PCR) • Standard asset provisions of ₹ 1,919 crs including restructured • Provision Coverage Ratio at 70% and total loan related provisions at 89% of GNPA • Loan related provisions of ₹ 9,012 crs are 2.48% of the loans.
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26 Presentation Path 01 Executive Summary 02 Business Progress 03 Asset Quality 05 Capital and Liquidity Position 06 Other Key Information 04 Financial Outcomes
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27 Key P&L Metrics Restructured Book and Net Security Receipts (% of Net Advances)Profit After Tax (₹ crs) Restructured Book and Net Security Receipts (% of Net Advances)Operating Profit (₹ crs) Restructured Book and Net Security Receipts (% of Net Advances)Net Revenue (₹ crs) Restructured Book and Net Security Receipts (% of Net Advances)Operating Expenses (₹ crs) 4,409 4,562 4,371 4,685 4,569 1,651 1,707 1,714 1,787 2,248 6,060 6,269 6,085 6,471 6,817 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 Net Interest Income Non - Interest Income 1,664 1,905 1,717 1,792 1,803 2,349 2,094 2,073 1,906 2,140 4,013 3,999 3,790 3,698 3,943 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 Employee Cost Other Expenses QoQYoY QoQYoY QoQYoY QoQYoY 12% 5% 36% 26% 4% (2)% (2)% 7% (9)% 12% 8% 1% 40% 4% NM 20% -437 128 594 1,037 1,242 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 2,047 2,270 2,295 2,773 2,874 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27
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28 Net Interest Margin: Key Components and Trend Yield on Advances and Assets (%) Cost of Deposits and Cost of Funds (%) Net Interest Margin (%) 8.75 8.78 8.53 8.62 8.35 11.23 11.08 11.15 10.93 10.67 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 Yield on Assets Yield on Advances 5.43 5.26 5.14 5.05 5.11 6.23 6.09 6.07 5.93 5.96 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 Cost of Funds Cost of Deposits 3.32 3.52 3.39 3.57 3.23 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27
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29 18% 21% 25% 20% 21% 29% 27% 18% 24% 26% 33% 34% 39% 37% 33% 20% 18% 19% 19% 20% Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 Liabilities & Other Fees Retails Assets excl Cards Cards & Payments Third Party Distribution 74% 74% 70% 65% 65% 20% 18% 19% 23% 19% 6% 8% 11% 12% 16% Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 Retail Wholesale Trading & Others Diversified Fee and Other Income Streams Restructured Book and Net Security Receipts (% of Net Advances)Wholesale Fee Mix (₹ crs) Restructured Book and Net Security Receipts (% of Net Advances)Retail Fee Mix (₹ crs) Non-Interest Income Mix (₹ crs) Core Fee to Asset Ratio (% of Average Assets) 1,651 1,707 1,714 1,787 2,248 52% 57% 66% 55% 52% 43% 40% 28% 43% 42% 5% 4% 6% 3% 6% Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 Others Loan related Fees Transaction Banking 326 306 321 410 446 1,222 1,269 1,203 1,167 1,437 QoQYoY QoQYoY QoQYoY 36% 26% 17bps 14bps QoQYoY 18% 23% 37% 9% 1.18% 1.23% 1.16% 1.20% 1.35% Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27
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30 -0.33% 0.10% 0.45% 0.78% 0.87% Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 Key Financial Indicators Restructured Book and Net Security Receipts (% of Net Advances)Earning Per Share (₹)* Restructured Book and Net Security Receipts (% of Net Advances)Return on Assets (%)* Restructured Book and Net Security Receipts (% of Net Advances)Return on Equity (%)* Restructured Book and Net Security Receipts (% of Net Advances)Book Value Per Share (₹) *Annualized numbers 803 797 807 832 847 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 -2.68% 0.79% 3.64% 6.26% 7.37% Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 -22.4 6.6 30.5 53.2 63.8 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27
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31 Presentation Path 01 Executive Summary 02 Business Progress 03 Asset Quality 04 Financial Highlights 06 Other Key Information 05 Capital and Liquidity Position
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32 Healthy Capital Adequacy and Liquidity Position CRAR (%) RWA to Assets (%) CET 1 (%) Q2 & Q3 FY26 excludes interim profits Liquidity Coverage Ratio (%) QoQ YoY QoQ YoY QoQ YoY QoQ YoY (51)bps (56)bps (33)bps (54)bps (209)bps 12bps (4)% -76% 76% 72% 73% 73% Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 17.10% 16.94% 17.48% 17.15% 16.59% Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 15.88% 15.74% 16.20% 16.10% 15.55% Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 132% 122% 118% 127% 127% Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 Q2 & Q3 FY26 excludes interim profits
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33 Shareholding Pattern and Credit Ratings Diversified Shareholding Credit Ratings Domestic Rating CARE A1+ for Certificate of Deposits. CRISIL A1+ certificate of deposit program / short term FD programme. CRISIL AA+ for Infrastructure Bonds program/Tier 2 Bonds. IND AA+ for Issuer Rating by India Ratings and Research. IND AA+ for Senior bonds program/Tier 2 Bonds by India Ratings and Research. International Rating Ba1 for Senior Unsecured MTN programme by Moody’s Investors Service. Promoters 15.08% MFs / Banks/ Insurance Co 39.37% FIIs 29.06% Private Corporates 2.68% Individuals 7.31% NRIs/ Director/ Others 1.86% GDR issue 4.64%
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34 Presentation Path 01 Executive Summary 02 Business Progress 03 Asset Quality 04 Financial Highlights 05 Capital and Liquidity Position 06 Other Key Information
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35 Up to 6 M 6% 6-12 M 3% 12-24 M 10% 24-36 M 15% 36-48 M 13%48-60 M 10% >60 M 42% Up to 6 M 1% 6-12 M 0% 12-24 M 3% 24-36 M 8% 36-48 M 7% 48-60 M 9% >60 M 73% Up to 6 M 0% 6-12 M 1% 12-24 M 4% 24-36 M 8% 36-48 M 7% 48-60 M 8% >60 M 73% Disbursements Across Centers by Vintage Disbursements Across Customers by Vintage Micro Loans: Additional Disclosures (1/2) 73% of Disbursements Towards Centers with >5 Years Vintage 97% of Disbursements Towards Centers with >2 Years Vintage Q2 FY27 Cumulative 12M ending Sep-26 Q2 FY27 73% of Disbursements Towards Centers with >5 Years Vintage 96% of Disbursements Towards Centers with >2 Years Vintage Cumulative 12M ending Sep-26 91% of Disbursements Towards Customers with >1 Years Vintage 91% of Disbursements Towards Customers with >1 Years Vintage Up to 6 M 7% 6-12 M 2% 12-24 M 10% 24-36 M 14% 36-48 M 14%48-60 M 12% >60 M 41%
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36 Portfolio Mix by Customer’s MFI Industry Exposure (by Value) Micro Loans: Additional Disclosures (2/2) Net Collection Efficiency Portfolio Mix by Number of Lenders (by Value) Early Stress Bucket (DPD Book % of Gross Portfolio) 97.1% 96.6% 95.8% 95.6% 96.1% 97.2% 98.0% 98.4% 98.7% 98.8% 98.8% 98.8% 99.0% 99.1% 99.2% 99.5% 99.0% 99.1% 98.8% 99.6% 99.6% 99.7% 99.7% 99.8% 99.7% 99.7% 99.7% 99.8% 99.8% 99.8% Mar-25 Jun-25 Sep-25 Oct-25 Nov-25 Dec-25 Jan-26 Feb-26 Mar-26 Apr-26 May-26 Jun-26 Jul-26 Aug-26 Sep-26 Standard Customers (0-90 DPD) Current Customers (0 DPD) 3.3% 4.1% 4.8% 3.0% 1.2% 1.0% 0.6%2.3% 2.2% 3.2% 2.4% 0.9% 0.6% 0.4% Mar-25 Jun-25 Sep-25 Dec-25 Mar-26 Jun-26 Sep-26 DPD 1-90 DPD 30-90 14% 37% 34% 15% 18% 43% 22% 17% 14% 32% 26% 28% 14% 30% 25% 30% 12% 26% 28% 35% < Rs.50k Rs.50k to 100k Rs.100k to 150k >Rs.150k Mar-25 Sep-25 Mar-26 Jun-26 Aug-26 45% 29% 15% 7% 4% 48% 29% 15% 5% 3% 50% 32% 15% 3% 1% 51% 32% 14% 2% 1% 51% 33% 13% 2% 1% Unique to BFIL BFIL + 1 BFIL + 2 BFIL + 3 BFIL + 4 or More Mar-25 Sep-25 Mar-26 Jun-26 Sep-26
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ESG highlights – Select ESG ratings (starting with recently received) 65/100 (08-Dec-25) 72/100 (02-Jan-26) 68/100 (09-Sep-26) 83/100 (09-Dec-25) 69/100 (09-Sep-26) 73/100 (09-Sep-26)
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ESG and CSR highlights – Environment initiatives ~ 37% Green, Climate, Social, Livelihood & inclusive portfolio of loan book FY26 (externally assured) 2032 Target year for Carbon Neutrality in own operations 14 Branches/Lobbies with LEED certification 12,237 hectares Area restored and treated under CSR initiatives 20.57 lakh kilo litres water potential created under CSR 391 Water harvesting structures created & rehabilitated 3 Offices LEED certification ~ 17X More water harvested in FY 25, than bank wide consumption in FY 25 (externally assured) 100kW Renewable energy capacity created under CSR Signatory from July 2026
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ESG and CSR highlights Impact through our Initiatives – FY2026 • Reached 3 lakh rural HHs and 1.31 lakh HHs directly supported with increase in income by 30% across five Aspirational Districts • 1.8 lakh beneficiaries linked under Social Protection Schemes • 42 FPOs with 25,000+ members supported • 2,800+ farm and non-farm based entrepreneurs created • ₹ 17.16 crore productive credit mobilised • ₹ 10 crore worth of agri produce linked to market • 1,677 Self-Help Groups supported, strengthening livelihoods and economic participation among women. • 11,481 women SHG members reached through capacity building, credit linkages and enterprise development. • 41,100+ individuals facilitated under Ayushman Bharat Social Initiatives – impact 19 lakh farmers served in BFIL Bharat Sanjeevani program 21.5 lakh livestock treated in BFIL Bharat Sanjeevani program 77.8 lakh vaccinations administered in BFIL Bharat Sanjeevani program 8.95 lakh livestock lives saved in BFIL Bharat Sanjeevani program 60,200+ students supported under FLN programmes in 630 schools 1,790 teachers trained to improve learning outcomes 7,600 entrepreneurs supported including women led enterprises 1,100+ PWDs enabled through skilling and employability initiatives 955+ sportspersons supported 140 international medals won 420+ women athletes supported 770 blind cricketers & 40 para-athletes supported
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40 Awards & Accolades IndusInd Bank won ‘Silver’ award, for Excellence in Supply Chain Visibility and Analytics (Finance). This recognition reflects our industry-leading, best-in- class Supply Chain Finance solutions and the value they create for businesses IndusInd Bank won ‘Best Bank Financing the Industry’ at the 52nd India Gems & Jewellery Awards, presented by GJEPC India. As the only bank recognised at this forum in the category this year, reaffirms our continued commitment to enabling growth through continued support and financial solutions. IndusInd Bank won the 'Best Use of Agents in Testing Award’, for successfully implementing automated regression testing within the Bank’s security environment. The initiative also enabled manual testers to transition towards automation and supported more efficient testing workflows. IndusInd Bank has been awarded the ‘Passion Award’ at Automation Anywhere Imagine India 2026, for applying Generative AI and automation to solve complex business challenges and drive operational transformation., selected unanimously by Automation Anywhere’s leadership team.
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41 Disclaimer This presentation has been prepared by IndusInd Bank Limited (the “Bank”) solely for information purposes, without regard to any specific objectives, financial situations or informational needs of any condensed,. All information contained has been prepared solely by the Bank. No information contained herein has been independently verified by anyone else. This presentation may not be copied, distributed, redistributed or disseminated, directly or indirectly, in any manner. This presentation does not constitute an offer or invitation, directly or indirectly, to purchase or subscribe for any securities of the Bank by any person in any jurisdiction, including India and the United States. No part of it should form the basis of or be relied upon in connection with any investment decision or any contract or commitment to purchase or subscribe for any securities. Any person placing reliance on the information contained in this presentation or any other communication by the Bank does so at his or her own risk and the Bank shall not be liable for any loss or damage caused pursuant to any act or omission based on or in reliance upon the information contained herein. No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events not current after the date of this presentation. Further, past performance is not necessarily indicative of future results. This presentation is not a complete description of the Bank. This presentation may contain statements that constitute forward-looking statements. All forward looking statements are subject to risks, uncertainties and assumptions that could cause actual results to differ materially from those contemplated by the relevant forward-looking statement. Important factors that could cause actual results to differ materially include, among others, future changes or developments in the Bank’s business, its competitive environment and political, economic, legal and social conditions. Given these risks, uncertainties and other factors, viewers of this presentation are cautioned not to place undue reliance on these forward-looking statements. The Bank disclaims any obligation to update these forward-looking statements to reflect future events or developments. Except as otherwise noted, condensed, the information contained herein is indicative and is based on management information, current plans and estimates in the form as it has been disclosed in this presentation. Any opinion, estimate or projection herein constitutes a judgment as of the date of this presentation and there can be no assurance that future results or events will be consistent with any such opinion, estimate or projection. The Bank may alter, modify or otherwise change in any manner the content of this presentation, without obligation to notify any person of such change or changes. The accuracy of this presentation is not guaranteed, it may be incomplete or condensed, and it may not contain all material information concerning the Bank. This presentation is not intended to be an offer document or a prospectus under the Companies Act, 2013 and Rules made thereafter , as amended, the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended or any other applicable law. Figures for the previous period / year have been regrouped wherever necessary to conform to the current period’s / year’s presentation. Total in some columns / rows may not agree due to rounding off. Note: All financial numbers in the presentation are from Audited Financials or Limited Reviewed financials or based on Management estimates.