Bandhan Bank CFO says the NPA portfolio has been reduced from almost Rs 8,700 crore to about Rs 4,700 crore. That particular clean-up exercise took place in March which took care of a large part of the book that was prior to the year FY2022 and earlier and brought gross NPA levels down to almost 3.8%. We still have further journey to climb on that particular front.
Shares slip in Asia, dollar firm as inflation, earnings loom
The impact of the jobs report on U.S. rate cut prospects also raised the stakes for consumer price figures on Wednesday where any rise in