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Earnings

Indian Overseas Bank Q3 net loss widens on higher bad loan provisioning

Updated : February 10, 2020 06:16 PM IST

The bank had registered a net loss of Rs 346.02 crore during the corresponding October-December period
Total income during the December 2019 quarter also fell to Rs 5,197.94 crore
The bank's gross NPAs, however, dropped to 17.12% of gross loans from 23.76% a year ago
Indian Overseas Bank Q3 net loss widens on higher bad loan provisioning

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