Q1FY21 earnings reported 37%QoQ uptick largely led by stake sale gains of Rs12.4bn in HDFC Life during the quarter. PPoP too reported sequentially better 21% growth. YoY PAT de-grew by 5% as Co. made hefty Rs12bn provisioning led by COVID challenges. While current NPA position is masked by moratorium dispensation, overall morat loans declining to 22% from 27% in phase 1 is quite comforting. Moreover, individual loans morat 2 too declining to 17% from 23% earlier. As retail morat slippages are being tackled...