IDFC FIRST Bank Merger and Performance Update
6c. Retail Loans - Gross and Net NPA trends, impact of COVID 19
Mar-19
Jun-19
Sep-19
Dec-19
Long term
pre COVID
Average
Proforma
Dec-20
Change
(bps) Dec-20
Gross NPA- Bank
2.18%
2.32%
2.31%
2.26%
2.27%
3.88%
161
Net NPA Bank
-
1.24%
1.14%
1.08%
1.06%
1.14%
2.35%
121
Provision Coverage Ratio (%)
43%
51%
54%
54%
51%
41%
Thus as per analysis, as a result of the COVID, the Gross NPA of the retail assets for the bank as of Dec 31, 2020 has increased by 161 bps as
compared to pre-COVID average
Similarly the Net NPA of the retail assets for the bank as of Dec 31, 2020 has increased by 121 bps
Note: Long term COVID average indicates average GNPA/NNPA of last 4 quarters prior to COVID-19. Proforma GNPA/NNPA indicates the numbers without considering the impact of the
Supreme Court notification to stop NPA classification post August 31, 2020
21
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