Financial instruments (Tables)
|
12 Months Ended |
Mar. 31, 2026 |
|---|
| Schedule of Derivative Instruments |
The following table presents the aggregate notional principal amounts of the Bank’s outstanding forward exchange and other derivative contracts as of March 31, 2025 and March 31, 2026, together with the fair value on each reporting date.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
| Interest rate derivatives |
|
|
Rs. 10,191,133.7 |
|
|
|
Rs. 58,654.3 |
|
|
|
Rs. 48,979.2 |
|
|
|
Rs. 9,675.1 |
|
| Forward rate agreements |
|
|
615,831.9 |
|
|
|
15,507.0 |
|
|
|
5,676.8 |
|
|
|
9,830.2 |
|
| Currency options |
|
|
291,621.4 |
|
|
|
1,065.3 |
|
|
|
1,332.6 |
|
|
|
(267.3 |
) |
| Currency swaps |
|
|
462,773.9 |
|
|
|
19,180.2 |
|
|
|
4,360.8 |
|
|
|
14,819.4 |
|
| Forward exchange contracts |
|
|
12,934,924.7 |
|
|
|
85,405.6 |
|
|
|
83,216.7 |
|
|
|
2,188.9 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total |
|
|
Rs. 24,496,285.6 |
|
|
|
Rs. 179,812.4 |
|
|
|
Rs. 143,566.1 |
|
|
|
Rs. 36,246.3 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
| Interest rate derivatives |
|
|
Rs. 8,467,050.6 |
|
|
|
Rs. 51,288.9 |
|
|
|
Rs. 61,564.1 |
|
|
|
Rs. (10,275.2 |
) |
|
US$ |
90,238.2 |
|
|
US$ |
(109.5 |
) |
| Forward rate agreements |
|
|
550,017.3 |
|
|
|
6,429.2 |
|
|
|
19,397.2 |
|
|
|
(12,968.0 |
) |
|
|
5,861.8 |
|
|
|
(138.2 |
) |
| Currency options |
|
|
177,937.4 |
|
|
|
2,555.9 |
|
|
|
2,633.3 |
|
|
|
(77.4 |
) |
|
|
1,896.4 |
|
|
|
(0.8 |
) |
| Currency swaps |
|
|
385,664.3 |
|
|
|
38,377.7 |
|
|
|
10,715.0 |
|
|
|
27,662.7 |
|
|
|
4,110.2 |
|
|
|
294.8 |
|
| Forward exchange contracts |
|
|
22,094,905.6 |
|
|
|
525,554.8 |
|
|
|
483,966.7 |
|
|
|
41,588.1 |
|
|
|
235,478.1 |
|
|
|
443.2 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total |
|
|
Rs. 31,675,575.2 |
|
|
|
Rs. 624,206.5 |
|
|
|
Rs. 578,276.3 |
|
|
|
Rs. 45,930.2 |
|
|
US$ |
337,584.7 |
|
|
US$ |
489.5 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance |
The following table summarizes certain information related to derivative amounts recognized in income:
| |
|
Non-interest revenue, net– Derivatives for the fiscal years ended March 31, |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
| Interest rate derivatives |
|
|
Rs. 1,762.6 |
|
|
|
Rs. 19,426.5 |
|
|
|
Rs. (14,950.2 |
) |
|
|
US$ (159.3 |
) |
| Forward rate agreements |
|
|
2,089.6 |
|
|
|
7,407.1 |
|
|
|
(19,816.1 |
) |
|
|
(211.2 |
) |
| Currency options |
|
|
194.0 |
|
|
|
421.7 |
|
|
|
(562.9 |
) |
|
|
(6.0 |
) |
| Currency swaps |
|
|
10,242.9 |
|
|
|
9,511.0 |
|
|
|
28,175.6 |
|
|
|
300.2 |
|
| Forward exchange contracts |
|
|
4,269.4 |
|
|
|
877.9 |
|
|
|
21,266.8 |
|
|
|
226.7 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total gains/(losses) |
|
|
Rs. 18,558.5 |
|
|
|
Rs. 37,644.2 |
|
|
|
Rs. 14,113.2 |
|
|
|
US$ 150.4 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Amounts Subject to Enforceable Netting Arrangements |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
| |
|
Amounts subject to enforceable netting arrangements |
|
|
|
|
| |
|
Effects of offsetting on balance sheet |
|
|
Related amounts not offset |
|
|
|
|
| |
|
|
|
|
|
|
|
Net amounts
reported in the
balance sheet |
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
| Financial assets |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Derivative assets |
|
|
Rs. 179,812.4 |
|
|
|
Rs. — |
|
|
|
Rs. 179,812.4 |
|
|
|
Rs. 101,801.0 |
|
|
|
Rs. 17,969.6 |
|
|
|
Rs. 60,041.8 |
|
| Securities purchased under agreements to resell |
|
|
349,210.7 |
|
|
|
— |
|
|
|
349,210.7 |
|
|
|
— |
|
|
|
349,210.7 |
|
|
|
— |
|
| Financial liabilities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Derivative liabilities |
|
|
Rs. 143,566.1 |
|
|
|
Rs. — |
|
|
|
Rs. 143,566.1 |
|
|
|
Rs. 101,801.0 |
|
|
|
Rs. 10,955.8 |
|
|
|
Rs. 30,809.3 |
|
| Securities sold under repurchase agreements |
|
|
129,190.0 |
|
|
|
— |
|
|
|
129,190.0 |
|
|
|
— |
|
|
|
129,190.0 |
|
|
|
— |
|
| (1) |
Comprised of securities and cash collateral. These amounts are limited to the asset/liability balance, and accordingly, do not include excess collateral received/pledged. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
| |
|
Amounts subject to enforceable netting arrangements |
|
|
|
|
|
|
|
| |
|
Effects of offsetting on balance sheet |
|
|
Related amounts not offset |
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
Net amounts
reported in the
balance sheet |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
| Financial assets |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
Rs. 624,206.5 |
|
|
|
Rs. — |
|
|
|
Rs. 624,206.5 |
|
|
|
Rs. 470,626.0 |
|
|
|
Rs. 21,329.1 |
|
|
|
Rs. 132,251.4 |
|
|
US$ |
1,409.5 |
|
| Securities purchased under agreements to resell |
|
|
421,575.4 |
|
|
|
— |
|
|
|
421,575.4 |
|
|
|
— |
|
|
|
421,575.4 |
|
|
|
— |
|
|
|
— |
|
| Financial liabilities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
Rs. 578,276.3 |
|
|
|
Rs. — |
|
|
|
Rs. 578,276.3 |
|
|
|
Rs. 470,626.0 |
|
|
|
Rs. 16,814.6 |
|
|
|
Rs. 90,835.7 |
|
|
US$ |
968.1 |
|
| Securities sold under repurchase agreements |
|
|
100,000.0 |
|
|
|
— |
|
|
|
100,000.0 |
|
|
|
— |
|
|
|
100,000.0 |
|
|
|
— |
|
|
|
— |
|
| (1) |
Comprised of securities and cash collateral. These amounts are limited to the asset/liability balance, and accordingly, do not include excess collateral received/pledged. |
|
| Schedule of Guarantor Obligations |
Details of guarantees and documentary credits outstanding are set out below:
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
| |
|
|
|
|
|
|
|
|
|
| |
|
|
|
| Nominal values: |
|
|
|
|
|
|
|
|
|
|
|
|
| Bank guarantees: |
|
|
|
|
|
|
|
|
|
|
|
|
| Financial guarantees |
|
|
Rs. 714,278.7 |
|
|
|
Rs. 925,004.9 |
|
|
US$ |
9,858.3 |
|
| Performance guarantees |
|
|
781,152.1 |
|
|
|
969,271.9 |
|
|
|
10,330.1 |
|
| Documentary credits |
|
|
966,848.6 |
|
|
|
1,018,840.9 |
|
|
|
10,858.4 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total |
|
|
Rs. 2,462,279.4 |
|
|
|
Rs. 2,913,117.7 |
|
|
US$ |
31,046.8 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Estimated fair value: |
|
|
|
|
|
|
|
|
|
|
|
|
| Guarantees |
|
|
Rs. (11,413.0) |
|
|
|
Rs. (15,535.4 |
) |
|
US$ |
(165.6 |
) |
| Documentary credits |
|
|
(1,462.5 |
) |
|
|
(1,524.8 |
) |
|
|
(16.3 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total |
|
|
Rs. (12,875.5 |
) |
|
|
Rs. (17,060.2 |
) |
|
US$ |
(181.9 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Summary of allowance for Credit Losses on Off-Balance sheet credit exposures and undrawn commitments |
The allowance for credit losses included in accrued expenses and other liabilities on off-balance sheet credit exposures and undrawn commitments is as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
| |
|
|
|
|
|
|
|
|
|
| |
|
|
|
| Allowance for credit losses, beginning of the period |
|
|
Rs. 7,240.5 |
|
|
|
Rs. 9,453.7 |
|
|
US$ |
100.7 |
|
| Net provision for credit exposures |
|
|
2,213.2 |
|
|
|
2,784.2 |
|
|
|
29.7 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Allowance for credit losses, end of the period |
|
|
Rs. 9,453.7 |
|
|
|
Rs. 12,237.9 |
|
|
US$ |
130.4 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|