IIB's better loan growth rate coupled with a higher fall in cost of funds generated a better than expected NII. The already rich NIMs improved 3bps QoQ to 4%. Retail loan growth was well spread in all segments with vehicle financing (commercial + passenger) contributing ~50% of QoQ retail credit growth. Amongst corporate segment, the large corporate was tepid while mid and small corporates displayed a healthy momentum. Within corporate segment, microfinance now constitutes 2.6% of overall exposure. On the liability side, CASA momentum stayed strong,...