May 10, 2018 / 11:56 AM / 17 days ago

BRIEF-Union Bank Of India Posts March Qtr Loss

May 10 (Reuters) - Union Bank of India Ltd:

* MARCH QUARTER NET LOSS 25.83 BILLION RUPEES VERSUS PROFIT OF 1.08 BILLION RUPEES LAST YEAR

* MARCH QUARTER INTEREST EARNED 81.12 BILLION RUPEES VERSUS 83.25 BILLION RUPEES LAST YEAR

* MARCH QUARTER PROVISIONS 56.68 BILLION RUPEES VERSUS 24.44 BILLION RUPEES LAST YEAR

* MARCH QUARTER PROVISIONS FOR NPA 56.39 BILLION RUPEES VERSUS 15.05 BILLION RUPEES LAST YEAR

* MARCH QUARTER GROSS NPA 15.73 PERCENT VERSUS 13.03 PERCENT PREVIOUS QUARTER

* MARCH QUARTER NET NPA 8.42 PERCENT VERSUS 6.96 PERCENT PREVIOUS QUARTER

* SAYS DIVERGENCE IN GROSS NPA AS OF MARCH 31, 2017 WAS 28.50 BILLION RUPEES

* CONSENSUS FORECAST FOR MARCH QUARTER NET LOSS WAS 11.37 BILLION RUPEES

* FY 2017 ADJUSTED NET LOSS AFTER TAX WAS 3.70 BILLION RUPEES, AFTER TAKING INTO ACCOUNT DIVERGENCE IN PROVISIONING

* DIVERGENCE IN PROVISIONING AS OF MARCH 31, 2017 WAS 10.14 BILLION RUPEES

* SAYS DOMESTIC NIM FOR MARCH QUARTER WAS 1.99 PERCENT

* SAYS SLIPPAGES FOR MARCH QUARTER WAS 100.43 BILLION RUPEES Source text - bit.ly/2jPOOGp Further company coverage:

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