Provisions for the quarter stood at Rs 1,338 crore as compared with Rs 655 crore in the year-ago quarter, driven by the higher slippages in the microfinance book. The bank said provisions were stable for the non-microfinance portfolio.
Benchmark indices Sensex and Nifty ended largely flat on Wednesday, with the 30-share Sensex snapping its three-day gaining streak, while Nifty managed to close marginally
Shares of major Indian textile companies fell up to 6% for a second straight day after Bangladesh signed a trade agreement with the U.S., offering
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