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State Bank of India (SBI) is expecting to recover around ₹8,000 crore from written-off accounts, including from National Company Law Tribunal (NCLT) resolved cases, in FY22. During the October-December quarter, SBI recovered ₹1,500 crore while between April-December 2021, it recovered ₹5,600 crore, SBI said. The bank's non-performing assets dropped from 4.9% in Q2 FY22 to 4.5% in Q3 FY22.
short by Ashley Paul / 08:09 pm on 13 Feb
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