ICICI Securities Ltd | Retail Equity Research Asset quality pressure continued with fresh slippages at ~| 7500 crore vs. | 23545 crore seen in Q4FY16. Recoveries and upgradation were healthy in Q1FY17. Accordingly, absolute GNPA increased by merely 1% QoQ to | 56654 crore (GNPA ratio at 13.75%). Restructured assets (RA) declined further to | 18909 crore. The stressed asset (GNPA + RA) stayed higher at 18.55% of assets Slippages from RA book amounted to | 1530 crore. Out of slippages,...