Clean Slate

CEAT Kelani Holdings Managing Director Ravi Dadlani (right) and Lanka Ashok Leyland CEO Umesh Gautham exchange the OEM agreement

Hatton National Bank has become stricter in classifying its non endash performing loans, adding Rs 9 bn to the category.
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GrossrnNPLs climbed to a massive Rs. 14.3 bn up from just Rs 5.1 bn reported lastrnyear.


In arncurious move, part of the classification came as a lquote correction to the 2001rnaccounts, which were adjusted from Rs 5.1 bn to Rs 8.7 bn without explanation.


It was notrnclear from the annual report whether the interest component relating to thernprior year items was also included in the n

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