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months ended 31 December 2024 ( Statement or financial results ) have been reviewed by the Audit Committee and approved by the Board of Directors at their meetings held on 10 February 2025 in accordance with the requirement of Regulation 33 and Regulation 52 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, (the Regulations ) as amended. The results have been subjected to limited review by the Joint Statutory auditors and an unmodified opinion has been issued by them thereon. 4. The above financial results of the Bank has been prepared in accordance with the Banking Regulation Act, 1949, generally accepted accounting principles in India, including accounting standards as prescribed under Section 133 of the Companies Act, 2013 read with the Companies (Accounting Standard) Rules, as amended and applicable to the Banks, Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), 2015, as amended and guidelines issued by Reserve Bank of India (RBI). 5. The Bank has applied significant accounting policies in the preparation of these financial results consistent with those followed in the annual financial statements for the year ended 31 March 2024, except as stated in note 10 below. Any circulars/ directions issued by RBI is implemented prospectively when it becomes applicable, unless specifically required under those circulars/ directions. 6. The Capital Adequacy Ratio (“CRAR”) has been computed as per the Operating guidelines in the RBI notification RBI/2016-17/81 DBR.NBD.NO.26/16.13.218/2016-17 dated 6 October 2016 ( the Operating guidelines ) prescribed for Small Finance Bank. The Bank has followed Basel II standardised approach for credit risk in accordance with the Operating Guidelines issued by the RBI for Small Finance Banks. Further no separate capital charge for market risk and operational risk has been computed in view of the exception contained in RBI Notification DBR. NBD. NO. 4502/16.13.218/2017-18 dated 8 November 2017. 2024-04-01 2024-12-31 Unaudited Standalone 26296500000.00 2909200000.00 482100000.00 0.00 29687800000.00 3237500000.00 32925300000.00 13530400000.00 4752000000.00 9398400000.00 14150400000.00 27680800000.00 5244500000.00 9185800000.00 -580000000.00 -4521300000.00 -1139300000.00 -3382000000.00 0.00 -3382000000.00 -3382000000.00 5150800000.00 10.00 0.00 0.1823 0.0045 -6.57 -6.56 -6.57 -6.56 12739500000.00 5204600000.00 0.0696 0.0297 -0.0126 Advertisement and publicity 43700000.00 Auditors' fees and expenses 2100000.00 BC expenses 1283200000.00 Depreciation 152000000.00 Directors' fees, allowances and expenses 5500000.00 Law charges 3200000.00 Other Expenditure 1007100000.00 Postage, Telegrams, Telephones 81500000.00 Printing and stationery 26300000.00 Rent, taxes and lighting 324000000.00 Advertisement and publicity 109900000.00 Auditors' fees and expenses 6300000.00 BC expenses 4804200000.00 Depreciation 436700000.00 Directors' fees, allowances and expenses 18100000.00 Law charges 12600000.00 Other Expenditure 2895000000.00 Postage, Telegrams, Telephones 217700000.00 Printing and stationery 59700000.00 Rent, taxes and lighting 838200000.00 Capital & Reserves 0.00 NA 0.00 Other Banking Operations 294800000.00 Retail 8662800000.00 Treasury 1273600000.00 Unallocated 0.00 Wholesale 386600000.00 Capital & Reserves 0.00 NA 0.00 Other Banking Operations 848500000.00 Retail 27142700000.00 Treasury 3867200000.00 Unallocated 0.00 Wholesale 1066900000.00 10617800000.00 32925300000.00 0.00 0.00 10617800000.00 32925300000.00 Capital & Reserves 0.00 NA 0.00 Other Banking Operations 269300000.00 Retail -3230200000.00 Treasury 58900000.00 Unallocated 0.00 Wholesale 78100000.00 Capital & Reserves 0.00 NA 0.00 Other Banking Operations 784100000.00 Retail -6069400000.00 Treasury 426500000.00 Unallocated 0.00 Wholesale 337500000.00 -2823900000.00 -4521300000.00 0.00 0.00 0.00 0.00 -2823900000.00 -4521300000.00 Capital & Reserves 0.00 NA 0.00 Other Banking Operations 0.00 Retail 169996900000.00 Treasury 81177400000.00 Unallocated 4233300000.00 Wholesale 12068200000.00 267475800000.00 Capital & Reserves 21236600000.00 NA 0.00 Other Banking Operations 0.00 Retail 168320900000.00 Treasury 61873600000.00 Unallocated 4779800000.00 Wholesale 11264900000.00 267475800000.00 0.00 0.00 267475800000.00 8. The Bank is carrying an additional contingency provision on standard assets of Rs. 4,885 Lakhs as on 31 December 2024 (Rs. 4,626 Lakhs as on 30th September 2024 and Rs. 3011 Lakhs as on 31 December 2023). 9. Other income includes processing fee, profit/ loss on sale of investments (net off provision for depreciation), Income from bancassurance business, recovery from loans written off, income from dealing in PSLC, Collection Agency Fees from Asset Reconstruction Companies (ARC). 10. During the quarter ended 30 June 2024, the Bank implemented the RBI Master Direction - Classification, Valuation, and Operation of Investment Portfolio of Commercial Banks (Directions), 2023, dated 12 September 2023. This directive is applicable to banks from 1 April 2024. Consequent to the transition provisions, the Bank has recognised net gain of Rs. 951.73 lakhs (net of taxes) which has been credited to General Reserve as on 01 April 2024, on account of revision in the carrying value of investments to the fair value as on such date. The impact of the revised framework for the period subsequent to transition is not ascertainable, making the income/profit or loss from investments for the quarter and half year ended 30 September 2024, incomparable with the previous period/year. 11. During the nine months ended 31 December 2024, the Bank has allotted 3,00,897 equity shares (Quarter ended 31 December 2024: 2,06,859 quity shares) pursuant to the exercise of options under the approved employee stock option scheme 12 The Board of Directors at their meeting held on June 14, 2024, had taken a strategic decision to reduce concentration risk associated with dependence on business correspondents and had decided to modify the existing arrangement with M/s. ESAF Swasraya Multi State Agro Co-operative Society Limited (“ESMACO”), the largest business correspondent and one of the promoter group entities of the Bank from 1 July 2024. In terms of the modified arrangement the Bank had absorbed 5,109 trained employees of ESMACO and had agreed to compensate ESMACO Rs 5,800 lakhs (inclusive of GST) being the value addition for sourcing and training the staff which otherwise the Bank would have had to incur based on an independent external valuation. These employees would be eligible to all the benefits similar to the Bank staff from 1 July 2024. Accordingly Rs. 5,800 Lakhs is reported as an exceptional item for the quarter and half year ended 30 September 2024. 13. The Bank does not have any subsidiary/ associate/ join venture as on 31 December 2024. 14.Figures for the previous period/year have been reclassified/regrouped wherever necessary, to conform to the current period classification.