Slippages (addition of new bad loans excluding those in seasonal agricultural loans) shrank 13% QoQ to ₹5,400 crore, helping reduce overall gross NPA by 6 bps QoQ to 1.11%. While the provisioning (cost of bad debt) rose sharply by 15% QoQ to ₹3,574 crore, it is more because of general provision on standard assets. So, it is not worrisome.
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