Such high slippage led to elevated credit cost at

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The operational performance remained steady though a surge in provisions dented earnings. Fresh slippages surged to Rs 10387 crore, led by divergence of Rs 4509 crore and one large HFC with exposure of Rs 2000 crore. Such high slippage led to elevated credit cost at 380 bps of advances and 18 bps QoQ increase in GNPA to 10.43% (absolute GNPA at Rs 73140 crore).

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