Currently focussing on nuances of bank; not looking at merger: Bank of India

Public sector undertaking (PSU) banks are in focus due to stressed assets in the balance sheets and Bank of India (BoI) has seen healthy core provision coverage ratio among peers.
In an interview to CNBC-TV18, Dinabandhu Mohapatra, MD & CEO of Bank of India spoke about the latest happenings.
Currently focussing on nuances of bank and not looking at merger, said Mohapatra.
He further said that Bank of India have exposure in 10 out of 12 accounts sent to Insolvency and Bankruptcy Code (IBC).
However, better placed than peers with regards to stressed assets recognition, he added.
On farm loan front, he does not expect any further impact of waiver for the bank.
Mohapatra expects improvement in gross non-performing asset (NPA) ratio going ahead.
According to him, infrastructure sector can see higher haircut in stressed asset resolutions.Watch accompanying video for more details.