Assets quality remains weaken but probability of lower slippage going forward provides comfort: Slippage ratio increased by 60 bps to 2.1% in Q3FY18 v/s 1.6% in Q2FY18 due to higher slippage from retail (Rs1,500 mn) and corporate (Rs980 mn). Retail segment which is considered as less risky, higher slippage from this segment is really worrisome for bank, but it was mainly due to the education loans in the Kerala state owing to state govt's launched Rs9,000 mn scheme in May'2017. Educational loan slippage can be attributed to the Kerala government which stated that it will make good 40% of loan default quantum in...