Deepak Narang, ED, United Bank of India says that the bank has reduced corporate debt restructuring support to companies with low profitability to curtail the rise of NPLs. The bank is fully provisioned against its exposure to Kingfisher thanks to the RBI‘s permission which allowed the bank to make provisions over two quarters, he told CNBC-TV18.
first published: Feb 20, 2013 04:38 pm
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