HDFC Bank's asset quality deteriorated due to second Covid-19 wave as GNPA stood at 1.47% vs 1.36% YoY (1.32% QoQ) while NNPA at 0.5% vs 0.3% YoY (0.4% QoQ). Annualized slippage ratio increased to 2.54% vs 1.2% YoY (1.66% QoQ). Restructured assets stood at 80bps of advances as of Q1FY22; led by retail portfolio. However, 2/3rd of this constitutes unsecured assets. Collections were impacted in April and May however picked up in June. Advances growth remains stable at 14.4% YoY vs 14.0% YoY in Q4FY21 led by wholesale loans (10.2% growth) and retail loan growth of 9.3%. Deposits growth slowdown to 13% YoY (16% YoY in Q4FY21) while, CASA growth remain robust at 28%. NII grew slowly by 9%...