Asset quality deteriorated with GNPA increasing sharply 731bps YoY (432bps QoQ) to 9.98% and NNPA increasing by 390bps YoY (139bps QoQ) to 5.66%. In absolute terms, GNPA increased by 88% QoQ to INR 26.9bn and NNPA increased by 37.5% QoQ to INR 14.6bn. The slippages are mainly on account of shifting of some of the restructured accounts to substandard status as well as normal slippages that have happened in the course of the year, which were almost entirely out of the watch list created by the bank. The bank's...