Retail deposits grew by 23.5%; wholesale deposits by 10%.
The portfolio consisted of total loan amount of Rs 341 crore.
Bank receives binding bids for two of its bad loan portfolios.
Government has said that its reforms have improved the Gross NPA of these banks.
These preference shares are perpetual & non-cumulative.
Since October 2018, he has served as the company's Executive Director.
Credit rating reaffirmed after Axis acquires Citibank's India consumer business.
A1+ rating does not follow in the standard categories of ratings that credit rating agencies can issue, under new SEBI requirement.
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