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Migration to system-driven NPAs hit margins: OBC

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  • Published On: November 01, 2011
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Nagesh Pydah, CMD of Oriental Bank of Commerce (OBC) says that the bank migrated to system driven non-performing assets (NPAs) and hence saw slippages in income from retail, agricultural and SMEs books. He aims to maintain gross NPAs below 2 per cent and net NPAs below 1 per cent.
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