Credit costs continued to remain elevated at | 619 crore (~76 bps of AUM), including Covid-19 provision of | 433 crore. This took outstanding Covid provision to | 910 crore (i.e ~111 bps of advances). Asset quality improved with GNPA ratio (with standstill asset norms) at 7.03% vs. 7.88% in Q2FY20 and 8.44% in Q1FY21. Excluding standstill asset classification, GNPA ratio came in at 7.53%, down ~91 bps QoQ. Collection efficiency for September 2020 improved to ~82%, though it was still below pre-Covid level. The management remained focused on cost rationalisation announced...