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The demand notice was issued after the bank’s GST filings were audited annually. Officials found discrepancies in the filings that resulted in the tax claim.
Here are some of the stocks that may see significant price movement today: Avenue Supermarts, Just Dial, PCBL, etc.
The gross non-performing asset (GNPA) ratio was 2.72% in the September quarter, compared to 2.89% in the June quarter.
The order confirms a tax refund amounting to ₹123.87 Crore, including interest under Section 244A, for the assessment year 2021-22.
The provision coverage ratio also increased to 96.96% as of the June quarter, up from 96.85% in the same quarter last fiscal.
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