The gross NPA was at 2.94% and the net NPA at 1.47%, compared with 3.50% and 1.95%, respectively. The provision coverage ratio was at 73%. CUB in a release said there was no addition to NPA during the Q3FY21 because of the standstill clause as directed by the Supreme Court.
from The Financial Express https://ift.tt/36VDLEX
Wednesday, 3 February 2021
City Union Bank Q3 net down 11% on higher provisioning
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