The stock ended at Rs87.25 up by Rs1.85 or 2.17% from its previous closing of Rs85.40 on the BSE.
The scrip opened at Rs85.50 and touched a high and low of Rs87.65 and Rs84.75 respectively.
Net Interest Income grew 9.41% on a yoy basis from Rs1296.44 cr to Rs1418.43 cr as on 30th June 2021. Other income grew by 33.13% to reach Rs650.15cr as compared to Rs488.37cr as on 30th June 2020. Net total income of the Bank grew 15.90% to reach Rs.2068.58cr.
The Total Business of the Bank reached Rs299158.36 cr registering yoy growth of 8.30% as on 30th June 2021. Total Deposits reached Rs. 169393.30 Cr registering Y-o-Y growth of 9.33%. Net advances grew by 6.98% Y-O-Y to reach Rs. 129765.06 Cr as on 30th June 2021.
The total Savings Bank deposit registered a growth of 18.71% to reach Rs. 49018.24 Cr as on 30th June 2021.
CASA Deposits of the Bank stood at Rs. 58958.79 Cr registering a Y-o-Y growth of 18.83%. NRE Deposits of the Bank reached Rs. 66018.73 Cr registering a Y-o-Y growth of 9.53% as on 30th June 2021. NRE SB grew to reach Rs. 20010.09 Cr registering a Y-o-Y growth of 14.92%.
Gross NPA of the Bank as at the end of the quarter stood at Rs. 4649.33 Cr, which as a percentage of Gross Advances comes to 3.50%. Net NPA as on 30th June 2021 stood at Rs.1593.24 Cr, and Net NPA as a percentage of Net Advances is at 1.23%. The Provision Coverage Ratio (including technical write-offs) was strengthened substantially and stood at 78.66%.
The Bank had 1272 branches and 1953 ATM/recyclers as on 30th June 2021.
On the Assets side, Gold Loan registered a growth of 53.90% Y-o-Y to reach Rs. 15764.00 Cr as on 30th June 2021. Retail advances grew by 15.15% to reach Rs.43599.03 Cr as on 30th June 2021. Commercial banking advances registered a Y-o-Y growth of 10.23% to reach Rs. 12865.20 Cr. Agri advances grew by 23.71% to reach Rs.16837.24 Cr.