Jammu and Kashmir · tone and specificity signals across the available quarters.
Language signals
This quarterly performance should be viewed in entirety as another important milestone in our continuing growth journey rather than just through the prism of a short-term profitability. The choices and decisions that we have made during this quarter have been conscious, strategic and forward-looking.
We expect the recovery from technically written-off accounts to be around Rs 250 crores. Last year also it was Rs 250 crores around. It will be upward than Rs 250 crores but at times you are not very sure with the timing whether it comes within that quarter or not.
I expect almost 55 to 60% growth of advances coming this year from retail itself. Once we are able to improve upon the retail loan book growth in rest of India we are definitely in line to improve the margins. I'm absolutely certain about that.
We are on the brink of achieving our GNPA guidance of below 3% for March 2026 a quarter ahead of schedule with GNPA as on December 31st 2025 recorded at 3%.
I do not intend to go to the market unless I am absolutely ready for it. So please don't be worried about that.
We have been able to maintain the margins and I guess 3.64 is maybe one of the highest in the industry.
What sets this achievement apart and makes it more special is the backdrop on in which it has been achieved as FY226 was laced with frequent challenges especially in our core geography of Jammu and Kashmir besides global uncertaintities.
While it may seem like we are underpromising, rest assured that we will strive to overd deliver like we did this year.
If the system grows at 16% I would definitely want to grow more than 16%. And that is given you can take it from me.