significantly on a q-o-qbasis to 52.5% (Calc) as compared to 58.9% in Q3FY19, helped by the strong earnings performance. Management has guided to bringing down C/I ratio below 50% by FY20E and below 45% by FY21E which we believe is difficult. Notably, during the quarter, Provisions jumped by 174.7% q-o-q to Rs 16,502 crore which was due to balance sheet...