divergence of Rs140.6bn of which, Rs94bn is backed by SBLCs. BOI has recovered Rs47.5bn and is hopeful of recovering the remaining SBLC backed NPAs. Steep increase in NPAs, NCLT outcome key event for BOI: Most of the slippages due to divergence were recognized in Q3FY18 leading to a steep 30% qoq increase in GNPAs. Though BOI has a blended provision coverage ratio of 57% on GNPAs, the bank holds a PCR of c.70% on NCLT1 cases and up to 100% in some for a total NCLT1...