Search
BOI Eastern Zone to Mobilise Retail Loans for NPA Reduction
June 14, 2017
Bank of India eastern zone is planning to mobilize retail loans and reduce stressed assets through a recovery drive and OTS (one-time settlement).
S K Agarwal, GM, National Banking Group (East), said that the bank has decided to reach the borrowers for the mobilization of retail loans and has set a target of additional Rs. 600 crore from this segment during the current financial year.
Agarwal also said that the eastern zone i.e. Sikkim, Odisha, West Bengal, etc. had already collected Rs. 200 crore in the first two months of the current fiscal.
