Shares of the bank surged after the announcement. At 12.05 p.m., its shares on the BSE were trading at Rs 47.20, higher by 3.17 per cent from the previous close
The bank's GNPA ratio deteriorated sequentially. It came in at 16.5 per cent, up from 15.84 per cent clocked in Q4FY19
The stock was up 2% at Rs 105, its highest level since May 29, after the state-owned bank Saturday said the government has decided to infuse Rs 100.86 billion in the bank as part of capital infusion.