February 12, 2020 / 4:45 AM / 8 days ago

CORRECTED-BRIEF-India's Allahabad Bank Dec Qtr Net Loss Widens (Feb. 11)

(Corrects Feb. 11 Brief to say Dec. quarter net loss was “19.86 billion rupees” and not “19.86 million rupees” in first bullet)

Feb 11 (Reuters) - Allahabad Bank:

* DEC QUARTER NET LOSS 19.86 BILLION RUPEES VERSUS LOSS OF 7.33 BILLION RUPEES YEAR AGO

* DEC QUARTER INTEREST EARNED 42.26 BILLION RUPEES VERSUS 42.28 BILLION RUPEES YEAR AGO

* DEC QUARTER PROVISIONS AND CONTINGENCIES 30.92 BILLION RUPEES VERSUS 14.95 BILLION RUPEES YEAR AGO

* DEC QUARTER PROVISIONS FOR NPA 30.03 BILLION RUPEES VERSUS 19 BILLION RUPEES YEAR AGO

* DEC QUARTER GROSS NPA 18.93% VERSUS 19.05% PREVIOUS QUARTER

* DEC QUARTER NET NPA 5.13% VERSUS 5.98% PREVIOUS QUARTER Source text: (bit.ly/37jCchh) Further company coverage:

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