Asset quality improved sequentially for the private sector lender. The gross non-performing asset ratio (GNPA) was 1.23 per cent as on September 30, compared with 1.28 per cent quarter ago. The net NPA ratio at 0.33 per cent as on September 30, was lower than 0.35 per cent a quarter ago.
ICICI Bank adds most credit cards in April amid rising competition
Axis Bank added 63,446 cards in April, less than half its February tally. Kotak Mahindra Bank remained steady at 33,038 additions. “We are focused on