April 27, 2018 / 11:00 AM / a month ago

BRIEF-RBL Bank CEO Sees Credit Costs Falling, Provision Cover Improving

April 27 (Reuters) - RBL Bank Ltd CEO Vishwavir Ahuja:

* EXEC SEES LOAN GROWTH OF 30-35 PERCENT IN 2018/19

* EXEC SAYS CO EXPECTS PROVISION COVERAGE RATIO TO IMPROVE TO 60 PERCENT IN SIX MONTHS FROM 57.6 PERCENT AT END-MARCH

* RBL BANK EXEC SAYS CO EXPECTS CREDIT COSTS TO COME DOWN IN 2018/19 FROM ABOUT 95 BPS IN 2017/18 Further company coverage:

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