Gross deposits were up by 10.4 per cent at Rs 6.09 lakh crore while gross advances moved up by 4.2 per cent at Rs 4.46 lakh crore. The total business in Q2 FY 20 ticked up by 7.7 per cent at Rs 1.05 lakh crore.
Significantly, the asset quality of the bank improved a bit with gross non-performing assets (NPAs) came down from 10.56 per cent to 8.68 per cent while net NPAs were down from 6.54 per cent to 5.15 per cent.
The provision coverage ratio improved from 61.4 per cent to 70.1 per cent. Capital to risk assets ratio (CRAR) as per Basel Ill norms improved from 12.62 per cent to 14 per cent.