Highlights:

- The bank has exhibited healthy performance across most parameters in Q2FY2020, while it is confident of continuing the momentum, going forward.

- The bank has posted healthy 14% growth in its business end September 2019 with 13% growth in loan book and 15% increase in deposits. Retail, agriculture and MSME loan growth was above 15%, while corporate loan book growth was subdued at 6%. However, the bank expects its corporate book loan growth to pick up ahead.

- The portfolio buyout in the MSME loans was Rs 3000 crore home loans was Rs 1500 crore in Q2FY2020.

- CRAR stood 14.52% end September 2019 which includes the capital infusion of Rs 2434 crore by the government for merger of Allahabad Bank. Excluding capital infusion, CRAR was still strong at 12.96%.

- The SMA 2 loan book of the bank stands at Rs 5000 crore that includes exposures to DHFL compared to Rs 3500 crore a quarter ago. The bank has not made any provision for DHFL in Q2FY2020, while there may be provisioning ahead.

- The exposure to DHFL stands at Rs 1300 crore, while investments into DHFL of Rs 150 crore are fully provided.

- The exposure to Indiabulls group stands at Rs 1900 crore.

- The exposure to Reliance ADAG stands at Rs 717 crore, including Rs 120 crore to home finance and Rs 415 crore to Mumbai Metro,

- The bank has made investment provisions of Rs 140 crore in Q2FY202 for securities receipts. The securities receipts on banks book stands at Rs 2400 crore with 75% provisions.

- MSME restructuring stood at Rs 300 crore in Q2FY2020.

- The bank is making provisions for wage provisions at Rs 13 crore per month assuming wage hike rate of 10-11%.

- The bank is focusing on building balance sheet strength so that slippage of 1-2 big account does not affect the bank.

- The bank expects to reduce GNPA ratio to less than 7% and NNPA to 3.4-3.5% by end March 2020.