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KM Financial Solutions | Indian state-run lender OBC posts $245 mln Q4 loss
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Indian state-run lender OBC posts $245 mln Q4 loss

11 May Indian state-run lender OBC posts $245 mln Q4 loss

Posted at 14:49h in News by
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NEW DELHI, May 12 (Reuters) – India’s state-run Oriental
Bank of Commerce reported a 16.50 billion-rupee ($245
million) net loss for its fourth quarter on Saturday as bad
loans surged due to new central bank rules.

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