Even as asset quality concerns continue to persist, the stress in the corporate system will disappear as the economy picks up, says Ravi Venkatesan, Chairman, Bank of Baroda to CNBC-TV18's Nimesh Shah at the 19th Annual Asia Investment Conference being held by Credit Suisse in Hong Kong. Venkatesan believes that recovering NPAs are not the core competence of a PSU bank and expresses concerns over the reluctance to create a public asset recovery company to deal with the bad loans. Bank of Baroda's balance-sheet is in a less stressed situation as compared to its counterparts, and Venkatesan maintains that they will be able to crawl out of this situation in a couple of quarters.
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