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The small finance bank has registered a 19.3 percent on-year growth in net profit at Rs 159.7 crore for the January-March FY24 quarter. Net interest income grew by 31.8 percent year over year to Rs 540 crore for the quarter. Asset quality improved significantly, with the gross NPA declining 53 bps sequentially to 2.51 percent and the net NPA falling 16 bps QoQ to 0.03 percent for the quarter.

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