February 26, 2018 / 7:07 AM / 3 months ago

BRIEF-Oriental Bank Of Commerce Says Account Of Simbhaoli Sugars Is Old NPA Case

Feb 26 (Reuters) - Oriental Bank Of Commerce Ltd:

* SAYS CLARIFIES THAT ACCOUNT OF SIMBHAOLI SUGARS IS AN OLD NPA CASE WHICH WAS REPORTED TO RBI AND CBI

* SAYS TOTAL EXPOSURE ON ACCOUNT ADEQUATELY PROVIDED; THERE WILL BE NO MATERIAL IMPACT ON PROFITABILITY OF BANK‍​ ‍​ Source text - bit.ly/2HNo0Sf Further company coverage:

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