Patel says large accounts particularly in the construction and iron and steel have been major contributors to these slippages. He says overall credit growth is impacted due to corporate book not picking up but it could grow roughly 13 percent over the coming quarters. Cash recovery and upgradation was at Rs 500 crore for the first quarter but bank is now focussing more on prevention of slippages and improved recoveries, he says. Below is the verbatim transcript of Suresh N Patel’s interview to Latha Venkatesh & Sonia Shenoy on CNBC-TV18. Latha: It is difficult to look at any good news from your numbers. The gross non-performing assets (NPAs) standing at 10.3 percent. Can you tell us the breakup how did your slippages do? A: If Rs 3,500 crore is what has slipped here during this quarter, retail is about Rs 300 crore, agriculture is Rs 426 crore and small enterprises and medium enterprise Rs 80 crore and large one is Rs 2,720 crore. Latha: What was your slippage last quarter? A: Last quarter was Rs 2,500 and December was also Rs 2,500. In April when I had told that next two quarters we will expect may be around Rs 2,500 to 3,000 crore slippage and probably for the first two quarters we are in the same range now because few larger accounts have slipped, going forward this slippage will come down now.