May 4, 2018 / 8:29 AM / 5 months ago

BRIEF-India's Bank Of Maharashtra March-Qtr Net Loss Narrows

May 4 (Reuters) - Bank of Maharashtra Ltd:

* MARCH QUARTER NET LOSS 1.14 BILLION RUPEES VERSUS LOSS OF 4.55 BILLION RUPEES LAST YEAR

* MARCH QUARTER INTEREST EARNED 26.92 BILLION RUPEES VERSUS 29.70 BILLION RUPEES LAST YEAR

* MARCH QUARTER PROVISIONS 20.41 BILLION RUPEES VERSUS 18.33 BILLION RUPEES LAST YEAR

* MARCH QUARTER PROVISIONS FOR NON-PERFORMING ASSETS 19.95 BILLION RUPEES VERSUS 17.43 BILLION RUPEES LAST YEAR

* MARCH QUARTER GROSS NPA 19.48 PERCENT VERSUS 19.05 PERCENT PREVIOUS QUARTER

* MARCH QUARTER NET NPA 11.24 PERCENT VERSUS 12.17 PERCENT PREVIOUS QUARTER

* SAYS APPROVED TO RAISE CAPITAL OF UP TO 30 BILLION RUPEES VIA PREFERENTIAL ISSUE OR QIP

* APPROVES PLAN TO RAISE 10 BILLION RUPEES VIA TIER II BONDS Source text - bit.ly/2Kv9WxT Further company coverage:

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