NII fell 2.9% YoY to | 563 crore on account of muted credit growth and weak margins. NIMs were down ~29 bps YoY to 2.96% on account of contraction in yields led by higher lending to social housing segment. Muted topline was offset by lower opex, which led operating profit to come in at | 518 crore. GNPA, NNPA came in at 4.33%, 0.57%, respectively, with absolute GNPA at | 3383 crore. The company said two assets in Chhattisgarh and Rajasthan (that got upgraded in Q2FY21) slipped into NPA. Exposure to Rajasthan, Chhattisgarh was at | 91 crore, | 347 crore wherein provision was at | 31...

Surge in advances growth led by housing segment Given massive shortage in housing with ~4.4 crore units in rural and ~1.9 crore in urban areas coupled with the government's push towards housing through various schemes and subsequent infrastructure development enables ample growth opportunity. In Q1FY20, Hudco reported ~55% YoY growth to | 75890 crore, primarily led by ~59% YoY accretion in housing segment (that contributed ~95.7% of advances). Slippages from exposure to private sector remains a concern...

To help tourism industry grows as one of the main industries through innovative means of financial & advisory assistance and to attain and maintain the leadership role in financing tourismrelated projects. Catalyze and channelize investments into various segments of the tourism industry and across various locations in a need based manner....