..................But the manner in which those gross NPAs have come down is not particularly encouraging. Recoveries and upgrades were lower than in the March quarter. Write-offs were higher, as a result of the sale of loans to asset reconstruction companies. And fresh slippages too increased by 25% compared with the March quarter. They increased particularly in the small and medium enterprises and agriculture sector, the latter because of the waiver promises made in Andhra Pradesh and Telangana. Loans to the mid-corporate segment continued to see high slippages, which highlights ........
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