Coming back slow

State Bank of India (SBI) saw its recoveries and upgrades drop in April-September period of FY21 due to covid-19 and lockdowns

Recovery from written off a/cs

Recoveries & upgrades

4,038

X

2,000

4,000

6,000

8,000

10,000

12,000

14,000

2,426

Q1FY19

14,856

1,327

Q2FY19

4,327

2,107

Q3FY19

6,617

2,485

Q4FY19

5,712

1,358

Q1FY20

5,769

1,864

Q2FY20

3,931

2,087

Q3FY20

13,553

3,941

Q4FY20

2,528

448

Q1FY21

3,608

1,395

Q2FY21

4,038