Total income grew by 18.67% year on year (YoY) to Rs 32,361.04 crore in the quarter ended 31 March 2024.
Operating profit stood at Rs 6,415.68 crore during the quarter, registering a growth of 9.36% on YoY basis.
For Q4 FY24, net interest income (NII) was at Rs 10,363 crore, up 9.1% YoY while net interest margin (NIM) reduced to 3.25 % as on 31 March 2024 as compared to 3.38% as of 31 March 2023.
On asset quality front, the bank's gross non-performing assets (GNPA) stood at 56,343.05 crore as on 31 March 2024 as against Rs 77,327.67 crore as on 31 March 2023.
Gross NPA declined to 5.73% as of 31 March 2024 as against 8.74% as on 31 March 2023. Net NPA reduced to 0.73% as on 31 March 2024 as compared to 2.72% as on 31 March 2023.
Provision coverage ratio improved to 8...
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