<ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">TSL Banking Universe earnings for 2QCY25 remained flat, post
ing a decline of 1% on a sequential basis, while edging up 2% on a YoY basis.
Cumulatively, 1HCY25 profitability was up 5%YoY.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Net Interest Income: Registered a growth of 20%YoY/4%QoQ
driven by: i) relatively stable spreads on loans; ii) benefit to NIMs of the
re-pricing lag between assets and liabilities; iii) lower lever age compared to
the previous quarter; iv) low cost deposit mobilization helping to contain the
cost of funds; and v) benefit of lower cost of funds emanating from the revised
MDR regime.</span></li></ul>
