Exim posts 62% rise in profits, to raise over Rs 60,000 crore from local markets this year

In terms of the non-performing assets (NPAs), the Gross NPAs declined significantly from 4.09% as on March 31, 2023 to 1.93% as on March 31, 2024, “ we had very few incremental NPAs” said the bank’s managing director Harsha Bangari ” Even the incremental NPAs’ were reduced. We have a provision coverage ratio of 97 percent”.
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