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The Q2 FY21 performance and management commentary calmed the nerves on the banking sector on the back of a steady performance.
The collections trend saw a considerable improvement while initial commentary from management, industry data suggests the quantum of restructuring would be lower than anticipated earlier.
Outstanding contingency buffer seems to be adequate to take care of incremental stress thereby safeguarding any adverse impact on earnings trajectory.
Led by home, auto loans, emergency credit line guarantee scheme, disbursement are touching pre-Covid-19 levels with further improvement expected ahead.
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