Corporation Bank will reportedly be focusing on recovery, prevention of delinquencies and healthy credit growth for better management of non-performing assets (NPAs). In 2015-16, gross NPAs of the bank stood 9.98 per cent and net NPAs at 6.53 per cent.
The bank is taking care to ensure that fresh delinquencies do not happen, and monitoring is done in this regard. The bank is focusing on lending to priority sector, retail segment, micro, small and medium enterprises (MSMEs), and better-rated corporate accounts to achieve healthy credit growth.
