"I believe that our provision PPOP margins are such that we can take any provisions right now. I do not believe that the third wave will be as vigorous as we what we saw in the Covid-2 or Covid-1."
source https://economictimes.indiatimes.com/industry/banking/finance/banking/indusind-bank-will-take-provisions-upfront-rather-than-deferring-sumant-kathpalia-md-ceo/articleshow/84857614.cms
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