Slippages this fiscal will be little below FY21 level: City Union Bank chief

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At a recent earnings conference call, N Kamakodi, MD & CEO of CUB, said the total incremental slippages will be slightly better than the last financial year. The bank is expecting a better recovery in the second half of the current financial year, resulting in gross and net NPAs at the year-end being at a shade lower than the last year.

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