Restructured book rises to ~2.5% of loans; business momentum gains traction FB reported a strong 2QFY22, with PAT up by 50% YoY to ~INR4.6b (23% beat), led by lower provisions, which declined 55% QoQ. Core fee income saw a healthy recovery and grew by 51% QoQ, led by improving business activity. Margin improved to 3.2%. The bank witnessed a pick-up in business growth as gross advances grew by ~10% YoY, led by healthy traction in Business/Commercial Banking and the Agri book. Deposit growth was stable, while the CASA ratio touched a...