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KM Financial Solutions | India’s Oriental Bank says under central bank ‘corrective action’ over bad loans
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India’s Oriental Bank says under central bank ‘corrective action’ over bad loans

07 Oct India’s Oriental Bank says under central bank ‘corrective action’ over bad loans

Posted at 04:22h in News by
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MUMBAI, Oct 8 (Reuters) – Oriental Bank of Commerce Ltd
, a mid-sized Indian state-run lender, said the
nation’s central bank has initiated “prompt corrective action”
against the bank over its high amount of net non-performing
assets (NPA).

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