Federal Bank expects spurt in NPAs in next two quarters if economic conditions do not improve

As against the usual rate of Rs 300-350 crore in fresh slippages per quarter, the number may go higher by over 30 per cent if the economy continues to be challenging, its managing director and chief executive Shyam Srinivasan told PTI.

from Banking/Finance-Industry-Economic Times https://ift.tt/3oj376v