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Central Bank of India Targets ₹3,500 Crore Recovery from Bad Loans in FY27

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Central Bank of India Targets ₹3,500 Crore Recovery from Bad Loans in FY27

State-owned Central Bank of India is aiming to mobilise over Rs 3,500 crore from recovery from bad loans as part of measures to improve its balance sheet during FY27. "We are having about Rs 32,000 crore in technical written-off account. In FY26, the bank recovered Rs 2,270 crore from written-off loan accounts. We are expecting Rs 2,300-2,500 crore recovery from…

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