State-run IDBI Bank today said its net losses widened to Rs 5,663 crore in the quarter ending March 2018 due to higher provisioning for bad loans. The bank had reported a net loss of Rs 3,200 crore in the year-ago period. For the full year, the bank reported a net loss of Rs 8,238 crore compared with Rs 5,158 crore in FY17. "I can announce very well today, which I was not able to announce earlier, that most of the legacy issues on asset quality have been recognised and there is an increase in provision coverage ratio," the bank's managing director and CEO, M K Jain told reporters here today. Net Interest Margin (NIM) declined to 1.19 per cent in the quarter from 1.75 per cent in the year ago period. IDBI Bank's gross non-performing assets (NPA) soared to 27.95 per cent of its loans compared to 21.25 per cent while net NPAs stood at 16.69 per cent compared to 13.21 percent.