Worst is over for us in stressed assets: Rakesh Sharma

Canara Bank in the fourth quarter reported sequentially better numbers on asset quality and improved provisions for bad loans. Rakesh Sharma, managing director and chief executive, spoke to Abhijit Lele on consolidating gains and fortifying the balance sheet. Excerpts from the interview.
 
The bank has shown a drop in non-performing loans sequentially. Is that an aberration? Will pressure continue in 2017-18?
 
The fall in outstanding non-performing loans is the result of steady efforts at recoveries and prompt action wherever stress was becoming evident. It is not a one-off event. The effective resolution should help to keep a check