Asset quality remained largely stable as Gross non-performing asset (NPA) ratio increased marginally by 1 bps QoQ to 1.2% in Q3FY18. While corporate Gross NPA ratio remained elevated at 2.2%, asset quality in individual loans remained healthy with Gross NPA ratio at 0.7%. Net NPA ratio declined to nil (15 bps QoQ) on the back of additional provision created from one-off gain. Given HDFC's conservative lending policy along with 100%+ provision coverage ratio (PCR), we remain relatively comfortable on overall asset quality...