Bank of India, Indian Overseas Bank NPA divergences widen losses for FY19

Chennai-headquartered Indian Overseas Bank has reported a net non-performing asset (NPA) divergence of Rs 358 crore for 2018-19, due to which the divergence in provisioning came in at Rs 2,208 crore, according to a regulatory filing by the bank.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2Ktkhw4