According to reports from CNBC TV18, IndusInd Bank expects to grow broadly in line with the market in FY27 and anticipates 16-17% credit growth with a 1% return on assets (RoA). Managing Director and CEO Rajiv Anand stated that the bank should be in that vicinity with 1% ROA, indicating confidence in the institution's growth trajectory. The bank's underlying credit demand continues to remain strong, supporting these optimistic projections for the coming fiscal year.
As reported by CNBC TV18, the bank does not expect a significant change in its loan mix this year, with corporate loans accounting for about 35% and retail 65%. Anand noted that growth in corporate credit is returning after a prolonged period of muted expansion, though corporate loans may be somewhat NIM-dilutive. However, the business remains attractive from an RoA perspective due to additional fee, current account and foreign exchange opportunities. Retail disbursements had already risen 16% quarter-on-quarter in the first quarter, though this has not yet translated into growth in the loan book.
According to CNBC TV18, Anand said the bank's $3.5 billion FCNR deposits raised through the RBI's swap window are currently being used to repay certificates of deposit and other high-cost deposits, with the funds expected to be deployed towards lending over the next two quarters. On margins, he expects some near-term pressure from the FCNR deposits and said there could be a 'little bit of a blip downwards' in the second quarter. However, he expects the bank to recoup this in the second half of the year, with potential upside to NIMs.
As reported by CNBC TV18, Anand said IndusInd Bank's CET1 ratio is comfortable at around 16.5%, and the lender is not under pressure to raise funds immediately. However, as growth returns and provisions are required under expected credit loss (ECL) norms, the bank could look at raising capital. He stated that the bank is not in a desperate situation for capital, and at some opportune time between 6 to 12 months as growth comes back for IndusInd Bank, they will consider a capital raise. Traditional retail segments such as personal, home, gold and business loans should begin to grow faster in the second half of the year.
According to CNBC TV18, shares of IndusInd Bank were trading 1.6% down at ₹977.70 as of 12.57 pm on Friday. The stock has gained nearly 10% so far in 2026 and about 31% in the last one year. Anand reiterated that the bank is targeting 1% RoA on an exit basis, indicating continued focus on profitability metrics alongside growth objectives.
