Current quarter seems to be quite challenging: Shyam Srinivasan, MD & CEO, Federal Bank

Provisioning is lower in Q4, because we have been provisioning significantly in the first three quarters without taking NPAs. As the NPA recognition came through in March, it shifted from standard asset provision to credit provision.

from The Financial Express https://ift.tt/3uQLHB7
https://ift.tt/eA8V8J FE Bureau