The public sector bank reported gross NPAs at 9.98% of loans as of March 2022, down from 10.46% in the quarter ended December. Das said he expects the bank's NPA to be below 8% in March 2023 due to a combination of improving bad loan recoveries and restrained fresh slippages.source https://economictimes.indiatimes.com/industry/banking/finance/banking/bank-of-india-expects-to-recover-2500-crores-of-bad-loans-per-quarter/articleshow/92764803.cms
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