Equitas SFB net declines 60% on higher provisioning

PN Vasudevan, MD & CEO, said, “With no lockdowns and spread of virus largely under control, the bank saw an improved performance. While the overall GNPA remained steady compared to the first quarter, there was improved collection efficiency, leading to reduction in overdue cases between one and 90 days.”

from Banking & Finance – The Financial Express https://ift.tt/3GwfuVY