The sample's NII rose sequentially for the second consecutive quarter to Rs 1.3 lakh crore compared with Rs 1.2 lakh crore in the previous quarter. NII had fallen sequentially by 2% to Rs 1 lakh crore in the March quarter following a nationwide lockdown in the last week of March to curtail the spread of the Covid-19 pandemic.
from Banking/Finance-Industry-Economic Times
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Monday 9 November 2020
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Banking sector stress expected to drop following collection boost, income improves in Q2