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Expect credit growth to rise to 10%; slippages to reduce: OBC

Slippages for the Q1 were Rs 3,464 crore, which are mostly from the iron & steel and textile industries, says Animesh Chauhan, MD & CEO of OBC. Total slippages from the restructured books stood at near Rs 1,500 crore.
Closely monitoring RBI-mandated Special Mention A/cs: IDBI Bk

IDBI Bank has about eight accounts totaling credit of Rs 4,591 crore, which repeatedly feature in the SMA-2 category and on which the bank has initiated resolution measures, says MD & CEO, Kishor Kharat.

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Special Mention Accounts

Expect credit growth to rise to 10%; slippages to reduce: OBC

Closely monitoring RBI-mandated Special Mention A/cs: IDBI Bk