IOB's Q3 loss up at 6,076 cr due to higher provisioning

However, its net non-performing assets (NPAs) dropped below 6% of advances to 5.81%.The bank is under RBI's prompt corrective action framework, which imposes certain restrictions on its functioning.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3bvsJXl