Indian Bank reported its first quarter of merged numbers with Allahabad Bank. The amalgamation of the bank came into effect on April 1, 2020. The bank reported a steady performance on business growth but higher provisioning arrested PAT growth. Provisioning for the quarter was elevated at | 2139 crore, up 18.6% YoY mainly on the back of 100% provisions for two fraud accounts at | 1133 crore. The bank provided | 112 crore for Covid-19 in the quarter. Total Covid provisions held as on June 2020 were at | 632 crore (~17 bps of advances)....