Sunday, December 30, 2018

Provision coverage ratio of PSU banks on the rise, crosses 66%

Provision coverage ratio of PSU banks on the rise, crosses 66% The provision coverage ratio (PCR) gives an indication of the provision made against bad loans from the profit generated. Higher the PCR, lower is the unexposed part of the bad debts.

from Moneycontrol Business News http://bit.ly/2GNdZYI

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Apollo Micro Systems shares surge 15% following Rs 25 cr order wins from DRDO, other defence PSUs

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