As usual the new NPas of 687 cr or 6.87 bln would be marked to high growth in some ong term analysis with NIMS still 3.75% and gross NPAs still 1.10% 

CAR also seems okish and not too great at 11.78% Can't match the growth in NPAs to a PCR of 87.7%, harddly management attempt at efficiency, likely an anachronism. Write offs as expected never went near even 2-3% of net worth with a NPAT of 9.5 bln almost meeting expectations.

I am ready to short every fin stock at 5050. 

Posted via email from The India Investment Post