Commitments and contingencies (Tables)

12 Months Ended

Mar. 31, 2025

Summary of Operating Lease Right of Use Asset and Lease Liability

The Bank is party to operating leases for certain of its office premises and employee residences, with a renewal at the option of the Bank. Operating lease

right-of-use

assets and lease liabilities were as follows:


	As of March 31,
	2024		2025		2025
			(In millions)
Right-of-use assets	Rs.	121,302.5	Rs.	142,297.4	US$	1,665.7
Lease liabilities		131,043.0		153,929.8		1,801.8

Operating Leases of Lessee Disclosure

The total lease expenses were as follows:


	As of March 31,
	2023		2024		2025		2025
	(In millions)
The total minimum lease expense during the year recognized in the consolidated statement of income	Rs.	17,591.4	Rs.	23,245.5	Rs.	27,720.1	US$	324.5

Schedule of Future Minimum Rental Payments for Operating Leases

The future minimum lease payments as of March 31, 2025 were as follows:


Due in fiscal year ending March 31:	Operating leases
	(In millions, except for weighted averages)
2026	Rs.	24,150.2		US$	282.7
2027		23,694.5			277.4
2028		23,148.0			271.0
2029		21,954.8			257.0
2030		20,622.4			241.4
Thereafter		115,524.0			1,352.3

Total lease payments	Rs.	229,093.9		US$	2,681.8
Less: imputed interest		75,164.1			880.0

Total operating lease liabilities	Rs.	153,929.8		US$	1,801.8

Weighted average remaining lease term (in years)		10.2			10.2
Weighted average discount rate		7.25	%		7.25	%

Movement in Provision for Reward Points

The movement in provision for credit card and debit card reward points as of March 31, 2024 and March 31, 2025 is as follows:


	As of March 31,
	2024			2025			2025
	(In millions)

Opening provision of reward points	Rs.	6,963.2		Rs.	8,635.5		US$	101.0
Provision made during the year		7,921.1			9,335.1			109.3
Utilization/write back of provision		(6,248.8	)		(7,496.2	)		(87.7	)
Effect of change in rate of accrual of reward points		—			—			—

Closing provision of reward points	Rs.	8,635.5		Rs.	10,474.4		US$	122.6