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Provisioning, low rate growth hits net; NIM up at 2.7%: UBI

Deepak Narang, ED, United Bank of India explains on CNBC-TV18, after the announcement of results, that the bank's net profit was affected by increased provisioning for Kingfisher Airlines this quarter followed by provisions for transport, IT, iron and steel. He expects a pick-up in recoveries going forward.

first published: Feb 7, 2013 12:03 pm

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