NII has jumped 34 percent against Q1 in 2013. NIM has come down from 9.07 percent to 7.04 percent because of increase in loan borrowings and disbursements. Cost of funds is at 8.46 percent, against 8.66 percent in the first quarter of 2013.
PTC Financial Services divested part of its stake in Indian Energy Exchange (IEE). The company offloaded 14% in IEE for Rs 70 crore and it still holds 5% stake.