The Delhi-headquartered Punjab National Bank (PNB) had the highest cash recoveries in Q3FY14 of Rs 2,107 crore, an increase of over 40% both sequentially and year-on-year. Similarly, Bank of Baroda ?s recoveries increased 93.14% y-o-y to Rs 197 crore. Apart from selling of bad assets to ARCs, Bank of India and Central Bank of India have set up committees to oversee and follow up on wilful defaulters on a weekly basis as part of their recovery efforts.