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ICICI Bank classifies loans to Jet Airways as bad loans in Q4
short by Shruti Maria Mahendar / on Tuesday, 7 May, 2019
ICICI Bank on Tuesday said it has classified loans to the temporarily grounded Jet Airways as bad loans in the March quarter. However, the lender clarified it had made sufficient provisions against the same. The bank has further classified the exposure of ₹276 crore towards IL&FS as bad loans and made provision of ₹146 crore against the same.
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