Banchan bank Q4 result-
• 29% fall in QoQ net profit at Rs517.28 crore.
• Provisions and contingencies increased to Rs 827.36 crore
• Asset quality improved over 1.4% Q4FY20
• Bank has made additional covid-19 related provision on standard advances amounting to Rs 690 crore
• Net interest income increased 9%QoQ to Rs 1,680 crore.