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BoB Q1 profit sinks 60% on provisions, slippages at Rs 5527 cr

BoB Q1 profit sinks 60% on provisions, slippages at Rs 5527 cr – Moneycontrol.com
Asset quality weakened further in June quarter as gross non-performing assets (NPA) as a percentage of gross advances increased 116 basis points sequentially to 11.15 percent and net NPA rose 67 basis points to 5.73 percent.

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