Tue, May 16, 2017
The bank posted net profit of Rs 261.90 crore this period, compared to net loss of Rs 5,367.14 crore in the similar period of the previous year.
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Banking sector especially public sector banks (PSBs) throughout its FY17 have been mainly muted as they suffered from single-digit loan growth, excess liquidity, weak NII and lack of resolution to its non-performing assets (NPAs) problem.
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