February 13, 2018 / 10:51 AM / 7 months ago

BRIEF-Indian Overseas Bank CEO: Aims To Lower Gross Bad Loan Ratio To Below 20 Pct By March

Feb 13 (Reuters) - Indian Overseas Bank CEO R. Subramaniakumar tells Reuters:

* AIMS TO BRING DOWN GROSS NPA RATIO TO BELOW 20 PERCENT BY MARCH

* CURRENT WATCHLIST AT 40.1 BILLION RUPEES

* LOOKING TO RAISE FUNDS VIA QUALIFIED INSTITUTIONS PLACEMENT DURING APRIL-JUNE QUARTER Further company coverage: (Reporting By Devidutta Tripathy)

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