Highlights: As per the bank, the banking industry showed higher loan growth than deposits and trend would continue in FY23. The emphasis of the bank will continue on loan growth. The focus is on collection efficiency and NPA recovery. The bank has migrated to Finacle 10. The bank has exhibited an improvement in the asset quality with decline in NNPA in percentage as well as absolute terms. The slippage ratio has declined to 0.44% in Q4FY2022 and 2.15% in FY2022. The credit cost improved to 0.75% in FY2022 from 1.8% in FY2021. The bank has improved loan growth to 11.35%, while credit growth in the retail, agriculture and MSME segment was strong at 15%. Bank expects credit growth at 10-12% for FY2022, while the focus would be corporate and MSME segments for growth. The bank would be aligning loan book to high yielding assets with the focus on improving yield and margins. The bank targets to reduce GNPA below 8% by end March 2023 and expects to maintain credit cost less than 1% in FY2023. The bank targets to improve domestic NIM to 3% by end FY2023. The AFS - SLR investment book of the bank stood at Rs 26336 crore and expects depreciation of Rs 40 crore for every 10 bps rise in G-sec yield. The bank has created provision of 50% for exposure to SREI group, with exposure at Rs 963 crore. The bank has exposure to 3 accounts of Future group, of which 2 accounts have been downgraded to NPA category and created 100% provision of Rs 1040 crore. Third account is standard and bank has created 10% provisions against exposure of Rs 386 crore. The bank plans NPA reduction of Rs 3000 crore of NPAs per quarter in FY2023. The bank expects NPA reduction of Rs 2500 crore from NPA transfer to NARCL and Rs 4500 crore from NCLT recoveries in FY2023. The standard restructured loan book of the bank stands at Rs 16880 crore, while bank has created provisions of Rs 1140 crore. The loan book linked 1-year MCLR is 75%. About 47.18% of retail loan book, 57.53% of SME and 33% of corporate book is linked to EBLR. The fixed rate linked loan book stands at Rs 41600 crore. The bank has reduced share of bulk deposits down to 11% end March 2022 from 16% last year The bank has reduced DTAs to Rs 8700 crore end March 2022 from Rs 12900 crore end March 2021.