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Tuesday, November 8, 2011

Bank of India doesn't have slippages on power sector loans

MUMBAI: State-run lender Bank of India does not have slippages on power sector loans and has total exposure of about 80 billion rupees to the sector, its executive director said on Tuesday.

Certain state electricity boards have requested the bank to restructure accounts and the bank would take action in due course, B. A. Prabhakar, told reporters.


Source: EconomicTimes

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