Indian Bank sets under-5 per cent gross NPA target by March – Economic Times

Economic Times

Indian Bank sets under-5 per cent gross NPA target by March
Economic Times
Kharat said provisions increased due to ageing of NPAs and also as the bank prudentially did additional provisioning. “It led to an increase in our provision coverage ratio to 61.65 per cent in the June quarter from 53 per cent in the year-ago period.”.

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