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Syndicate Bank Q2 net up 1.4%, asset quality worsens

Gross non-performing advances (NPAs) as a percentage of gross advances jumped 50 basis points sequentially (up 41 basis points year-on-year to 2.88 percent and net NPAs as a percentage of net advances climbed 47 bps Q-o-Q (up 74 bps Y-o-Y) to 1.66 percent in the quarter gone by.

first published: Oct 28, 2013 01:45 pm

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