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Lower slippages along with 24% YoY credit growth boosted NII growth to 22% YoY to Rs 980 crore With strong NII and lower provisions, overall PAT came in above estimate at Rs 262 crore (up 25% YoY, 81% QoQ) vs. Estimate of Rs 202 crore. NIM remained steady QoQ at 3.12% Business growth was healthy.
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