In an interview with Zee Business Midcap Bazaar, Mr. S.L. Jain – ED, Bank of Baroda said that the Bank has taken NBFC provisions of around 600 cr. slippage and around 300 cr. in corporate books. He said that the slippage has increased due to 2 accounts – textiles and plastics. However, he mentioned that the agriculture and retail sectors have decreased slippage. He added that the recovery has been good in the past quarter.
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