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Net Interest Income reported 9 per cent growth to Rs 12,532 crore while other income was up 22% to Rs 5555 crore
Slippages from recast book to decline in H2
In Q4FY22, the bank recorded a 22.8 per cent rise in its net profit year-on-year.
Shares in the NBFC space have shown a healthy gains on Wednesday as the RBI provided an extension for the implementation of the new NPA rules.
FIEO says large-scale order cancellations, supply chain disturbance, troubled delayed or even non-payment of bills could force several units to shut down
As of December 2017, large corporate accounts of the top five PSBs had more than a quarter share in their gross advances