As we all know, banks publish their quarterly performance to bring transparency in the system and also to give a clear picture of their performance to the public. How were results of Quarter 2different from the results of Quarter 1 of the listed banks including giants like SB1&ICICI banks? [Allahabad Bank 2010] (1) Performance was subdued in Quarter 2. (2) Yields on advances of almost all listed banks have come down. (3) Advances grew at a slower pace when compared to deposits.

• A.  Only (1) is true
• B.  Only (2) is true
• C.  Only (3) is true
• D.  All (1), (2) & (3) are true
• E.  None of these