Asset quality continued to remain stable as Gross and Net non-performing asset (NPA) ratios stood at 1.1% (no change QoQ) and 0.3% (1 bp QoQ), respectively. Notably, there was no asset quality related discrepancy reported by the RBI for FY16 under IRACP (Income Recognition, Asset Classification and Provisioning) norms. Overall, the bank has maintained robust asset quality over the last ten years. Further, negligible pool under stressed assets coupled with Rs1,250cr of floating provisions lend more comfort. Hence, we...