Asset quality stable, credit cost normalization in 2nd half of FY22E: Slippages were down at 72 bn v/s 118 bn in the previous quarter. Retail slippages and Corporate & SME slippages contributed 94%, and 6% respectively. Despite significant contribution, retail slippages down 32% sequentially. The standard restructured book stood at 48.6 bn (0.7% of portfolio) v/s 39.3 bn (0.5% of book) in 4QFY21. With an anticipation of covid second wave, the total provisioning expenses up sequentially and stood at 28.5 bn v/s 28.8 bn in the previous quarter. The bank wrote back ~10 bn covid provision this quarter; the total covid provisioning stood 64.25 bn....