Further, the bank's GNPA ratio deteriorated sequentially. It came in at 16.5 per cent, up from 15.84 per cent clocked in Q4FY19. The NNPA ratio was 5.79 per cent, up from 5.61 per cent in Q4FY19.
The stock surpassed its previous 52-week low of Rs 72.6 apiece, hit earlier in the day ahead of the results. Shares of the bank have slipped 27 per cent in the calendar year 2019 thus far. In comparison, the BSE Sensex has gained 5 per cent during the period.
"Bank will likely see small loan growth as against a contraction earlier. Most operating metrics will see improvement mainly on lower base of last year but overall operations remain week," analysts at Prabhudas Lilladher had said in an earnings preview note.
Analysts at Sharekhan, too, have kept the Bank in the watchlist. The brokerage had a hold rating on the stock before result announcement.
At 1:13 pm, the stock was trading 5.88 per cent lower at Rs 71.2 apiece as against a 0.13 per cent rise in the BSE Sensex.