Provisioning increased by over 16 per cent to Rs. 494 crore for the quarter under review (Rs 425 crore in the year-ago-period). Total income too dipped 3.5 per cent to Rs. 2,897 crore.
Gross non-performing assets per cent improved to 9.57 per cent in the first three months of the current fiscal against 10.49 per cent in the year-ago period. Net NPA per cent too improved to 6.3 per cent (7.23 per cent).
Source : Thehindubusinessline