Net interest income rose 22% YoY to 5,424 crore while net interest margin improved to 3.21% from 2.53%. Asset quality improved with gross non-performing assets (NPA) at 7.13% as against 9.13% a year ago. Net NPA fell to 1.44% from 2.43%.
MahaBank: The Pune-based lender had recovered Rs 943 crore from written-off accounts in FY23, up from Rs 642 crore in FY22, according to the document filed Qualified Institutional Placement (QIP)