KARURVYSYA

: Guidance - -Concall Update

• The bank's outlook for FY2026-27 remains one of cautious and moderate growth, with Q1 performance broadly in line with earlier guidance. • Credit growth guidance is maintained at 1% to 2% over industry growth for the rest of the quarters. • Net Interest Margin (NIM) guidance for the full year is 3.7% to 3.8%, with the next quarter expected to remain at 4% plus, though the full-year guidance will be reviewed at the end of September. • Asset quality guidance includes Gross NPA expected to be less than 1.5%, Net NPA less than 1%, and slippage less than 1% of the loan book. • Management cautioned that the Q1 growth should not be considered an indicator for the full year growth at the same tempo, as business growth was front-loaded in Q1 and potentially Q2.