Wed, Apr 19, 2017
Provisions this Q4 stood at Rs 430.13 crore, increasing by 101.31% yoy and 98.35% qoq. Gross non-performing assets was at 0.93% (Rs 1,054.87 crore), expanding by 6 basis points yoy and 1 basis points qoq.
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Nilesh Parikh, Kunal Shah and Prakhar Agarwal analsyst at Edelweiss Financial Services said, "Loan growth to be higher than industry, with the continued tilt towards consumer finance division. Fee income trends to continue superior performance. Asset quality trends will likely be stable."
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