February 21, 2018 / 10:16 AM / 10 months ago

BRIEF-Bank Of India Says Made 100 Pct Provisions On Outstanding Amount Relating To Rotomac​

Feb 21 (Reuters) - Bank Of India Ltd:

* BANK OF INDIA CLARIFIES ON NEWS ITEM ON ROTOMAC OWNER FLEES COUNTRY AFTER TAKING 8 BILLION RUPEES LOAN‍​

* SANCTIONED CREDIT FACILITIES TO ROTOMAC GROUP COMPANIES IN THE PAST ‍​

* SAYS PRESENTLY, THERE IS NO MATERIAL IMPACT FROM NEWS ITEM ON BANK

* SAYS BANK MADE 100 PERCENT PROVISIONS ON AMOUNT OUTSTANDING RELATING TO ROTOMAC GROUP COS Source text: bit.ly/2EH6BfP Further company coverage:

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