The bank's cumulative provision for Covid-19 stood at Rs 199 crore as of June 2020.
Net interest income was up 30 per cent to Rs 458 crore during the quarter. Net interest margin was at 10.2 per cent as against 10.5 per cent in the same period of last fiscal.
Chugh said close to 47 per cent of the bank's total loan book is under moratorium.
Gross NPA was at 1 per cent and net NPA at 0.2 per cent as against 0.8 per cent and 0.3 per cent respectively as of June 2019.
During the quarter, disbursements were at Rs 474 crore as against Rs 2,959 crore.
Disbursements were muted due to which profitability was impacted and advances growth was moderate, he said.
Concerted efforts towards business normalcy remained in full force for the first quarter, reflecting in the bank's improved collection efficiency of 54 per cent for June which further rose to 59 per cent up to July 30, Chugh said.
Deposit base stood at Rs 11,057 crore as of June 20 covering 77 per cent of total advances against 68 per cent as of June 19.
The lender's capital adequacy ratio remained healthy at 29 per cent, with tier-1 capital at 28 per cent in the quarter. Its liquidity coverage ratio was at 453 per cent.
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