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ru24.net
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Июнь
2021

Accounting for slippages leads to loss provision surge in Q4

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On a sequential basis, the sample’s NPA provisioning jumped 139% in the last quarter of FY21 from Rs 27,580.7 crore in the third quarter. The growth was led by the public sector (PSU) banks, which contributed 66% to the sample’s loan loss provisioning compared with 61% in the previous quarter. Their NPA provisioning increased by 157.4% sequentially in the March quarter, faster than the sample.



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