Advances at INR 7086 bn grew 22% yoy/8% qoq, led by strong growth in retail (26% yoy) while growth in corporate advances was 18% yoy. NII growth lagged credit growth, growing 15% yoy to INR 108 bn. NIMs (calc) stood at 4.2%, contracting ~20 bps qoq. NIMs during the quarter were impacted by multiple headwinds generally low yields on the investment book, lower support from CASA as TD grew at a higher pace and to some extent reversals on the agri portfolio on account of seasonally high NPAs due to loan waivers. Deposits book, which has grown at 21% yoy on average in last 2 quarters, has been acquired at higher rates leading to NIM compression. Non-interest income at INR 38.2 bn has lagged historical performance/growth rates (avg 23% yoy growth in 5 quarters upto Q4FY18) largely on account of INR 3.9 bn worth of MTM loss on the corporate bond portfolio (MD = 1.6). The bank has not opted for RBI's dispensation of spreading of losses over multiple quarters. Opex at INR 59.8 bn grew by 11% yoy/-1% qoq, resulting in a stable cost structure. Credit costs at 63 bps were more or less in line with expectations. The bank reported a PAT of INR...