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Fresh slippages for the quarter was at Rs 10,387 crore.
Led by 8.8 per cent increase in CASA deposits, net interest income (NII) of the company grew 9 per cent to Rs 7,128 crore. Net interest margin (NIM) improved by 18 basis points to 2.80 per cent from 2.62 per cent in Q3FY19.
Gross NPA ratio declined to 10.43 per cent as on December 31 against 10.91 per cent during the same quarter of previous financial year. Absolute gross NPA came in at Rs 73,140 crore.
Net NPA ratio also fell to 4.05 per cent from 4.79 per cent.
The bank’s domestic CASA deposits registered a growth of 8.81 per cent on a yearly basis. Share of CASA deposits to total domestic deposits improved to 38.8 per cent as on December 31 from 36.2 per cent during the same quarter of previous financial year.
The bank’s standalone operating profit came in at Rs 4,958 crore, an increase of 8.5 per cent. Treasury trading gains were higher at Rs 584 crore compared with Rs 464 crore in same period last year.
Retail loan portfolio grew by 15.3 per cent, driven by a robust growth in auto loans at 42.9 per cent and home loans at 10.2 per cent.
Capital adequacy ratio of the bank stood at 13.48 per cent as on December 31.
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