Allahabad Bank working hard to meet Rs 1,000 crore recovery target in quarter 3: MD

As a part of the turnaround strategy, the lender, which is under the prompt corrective action (PCA) of the Reserve Bank of India, is looking to bring down the net NPA ratio to below 6% by the first quarter next fiscal.

from The Financial ExpressBanking & Finance – The Financial Express http://bit.ly/2SistRI