v3.26.1
Credit substitutes (Tables)
12 Months Ended
Mar. 31, 2026
Fair value of credit substitutes The fair value of credit substitutes by type of instrument as of March 31, 2025 and March 31, 2026 were as follows:
 
    
As of March 31,
 
    
2025
    
2026
 
    
Amortized Cost
    
Fair Value
    
Amortized Cost
    
Fair Value
 
    
(In millions)
 
Available for sale credit substitute debt securities:
           
Debentures
   Rs. 160,975.7      Rs. 161,147.8      Rs. 273,510.3      Rs. 272,979.5  
Preference shares
     332.8        31.8        181.1        43.6  
  
 
 
    
 
 
    
 
 
    
 
 
 
Total
   Rs.  161,308.5      Rs.  161,179.6      Rs. 273,691.4      Rs. 273,023.1  
  
 
 
    
 
 
    
 
 
    
 
 
 
         US$ 2,916.9      US$ 2,909.8  
        
 
 
    
 
 
 
Fair value of credit substitutes for non-performing credit substitutes
The fair value of credit substitutes by the Bank’s internal credit quality indicators and amounts provided for
non-performing
credit substitutes is as follows:
 
    
As of March 31,
 
    
2025
    
2026
    
2026
 
    
(In millions)
 
Performing
   Rs. 161,179.6      Rs. 273,023.1      US$ 2,909.8  
Non-performing—gross
balance
     —         —         —   
Less: Non-performing losses
     —         —         —   
  
 
 
    
 
 
    
 
 
 
Non-performing
credit substitutes, net
     —         —         —   
  
 
 
    
 
 
    
 
 
 
Total credit substitutes, net
   Rs.  161,179.6      Rs.  273,023.1      US$  2,909.8  
  
 
 
    
 
 
    
 
 
 
 
 
    
As of March 31,
 
    
2025
    
2026
    
2026
 
    
(In millions)
 
Gross
non-performing
credit substitutes
   Rs
 
.
 —       Rs
 
.
 —       US$ —   
Gross
non-performing
credit substitutes by industry
   Rs.  —       Rs.  —       US$ —   
Average
non-performing
credit substitutes
   Rs.  —       Rs.  —       US$ —   
Interest income recognized on
non-performing
credit substitutes
   Rs.   —       Rs.   —       US$  —