Net interest income rose 11.5% at 915 crore. Its gross non-performing assets ratio improved to 1.73% at the end of September from 4.02% a year ago. Net NPA was 0.47% against 1.38%. Provision coverage ratio was at 94.49% as against 86.94% earlier.
NSE shares fall 2%, trade marginally above IPO price after debut. Why are Macquarie, other brokerages bullish?
NSE shares fell by 1.6% to Rs 1,790 following its stock market debut on Thursday. Brokerages Macquarie and Emkay assigned positive ratings, citing growth potential