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Indian Bank says most of its Rs 1800-crore loan to IL&FS is ‘good’ – Economic Times

November 9, 2018
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Economic Times
“The bank’s exposure to IL&FS is Rs 1,809 crore. Out of the 10 loan accounts, six are for special purpose vehicles (SPV of IL&FS) whose revenues are ring-fenced with an escrow account,” Padmaja Chunduru, Managing Director and CEO, told reporters here.
Indian Bank net falls 67% on higher provisioningThe Hindu BusinessLine
Indian Bank Q2 profit slips 67 per cent at Rs 150 croreFinancial Express

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