Net loss of Rs 630 cr due to higher provisions because of Covid-19 V/s Rs 94 cr Y-o-Y.
Net interest income (NII) of the lender grew by 25% Y-o-Y to Rs 2,185 cr.
It has reported the highest ever net interest margin (NIMs) at 5.51%V/s 4.86% Y-o-Y.
Bank made additional provisions to the tune of Rs 350 cr on account of Covid, its cumulative Covid-related provisions to Rs 725 cr Y-o-Y.
Made provisions to the tune of Rs 1,879 cr, up by 146% Y-o-Y.
Gross NPAs rose to 4.61%, up 46 basis points (bps) sequentially and 262 bps on a Y-o-Y basis.
Net NPAs rose to 46 bps sequentially to 2.32%.
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