Mumbai, April 27 -- Net interest income (NII) increased by 8.1% year on year (YoY) to Rs 19,093 crore in during the quarter. Net interest margin (NIM) was 4.40% in Q4 FY24 compared to 4.43% in Q4 FY23.

The bank's provisions (excluding provision for tax) declined 55.65% YoY to Rs 718 crore during the period under review.

On asset quality front, the bank's gross non-performing assets (NPAs) stood at Rs 27,961.68 crore as on 31 March 2024 as against Rs 31,183.70 crore as on 31 March 2023.

The gross NPA ratio reduced to 2.16% as on 31 March 2024 as compared to 2.81% as on 31 March 2023. The net NPA ratio declined to 0.42% as on 31 March 2024 as against 0.48% as on 31 March 2023.

The provision coverage ratio on non-performing assets was 80...