New Chief of Bank With Worst India Bad Debt Seeks Turnaround
Pedestrians walk past vendors outside an Indian Overseas Bank branch in the BBD Bagh area of Kolkata, West Bengal, India (Photographer: Sanjit Das/Bloomberg)  

New Chief of Bank With Worst India Bad Debt Seeks Turnaround

(Bloomberg) -- The new head of Indian Overseas Bank says he plans to get a grip on the bank’s bad-loan problems as he embarks on a series of cost-cutting measures.
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