The concern is that the recoveries have not kept pace with slippages since 2007–08 and despite write-offs, the Gross NPAs increased to 2.39 per cent at end March 2010 from 2.26 per cent at end March 2008 (partly also due to slowdown in credit growth).
All these are reflected in rising stock of NPAs which is a reversal of an earlier trend (Gross NPAs rose by Rs. 44,828 crore5 (86.3 per cent) from end March 2006 to end March 2011).