IOB to increase lending to retail, MSMEs, corporate, agriculture sector in FY23

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IOB to increase lending to retail, MSMEs, corporate, agriculture sector in FY23 In FY22, IOB reduced its gross NPA substantially to ₹15,299 crore compared to ₹16,323 crore in the previous fiscal and hence brought down the GNPA% from 11.69% to 9.82% through multipronged and focused recovery initiatives.
 
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