|Rs in Crore||Sep-20||Sep-19||YOY||Jun-20||QOQ|
|Gross NPA Ratio||2.21%||2.19%||2.53%|
|Net NPA Ratio||0.52%||1.12%||0.86%|
|Return on Assets||0.85%||1.98%||0.69%|
Key takeaways from the Sep-20 quarter results
- The gross NPAs have come down on a sequential basis and the good news is that the net NPAs are now down to 0.52% less than half of Sep-19 figure. Clearly, most of the potential loss accounts are already provided for.
- The bank has robust ROA at 0.85% but it may have to look at boost its capital base in the year as the capital adequacy of 16.5% leaves limited room for expanding the loan book. Also, the full effect of COVID losses is not fully factored into the numbers.