Increased provisions for domestic and overseas advances, and provision for treasury operations resulted in net loss, said a statement from the bank.
The total income of the bank has increased to R6,441 crore from R5,999 crore y-o-y, while non-interest income, including profit on sale of investments, stood at R478.47 crore. The gross NPA grew to R13,333 crore for the quarter as against R 8,201 crore in the fiscal.
In percentage terms, the gross NPA, stood at 7.3% as against 4.65% in the 2013-14 financial year. The net NPA of the bank was at R9, 108 crore, or 5.17%, as against 4,874 crore, or 2.83%.