PNB POSTS LOSS OF `5,367CR, BIG­GEST IN BANK­ING HIS­TORY

Hindustan Times ST (Mumbai) - HT Navi Mumbai Live - - FRONT PAGE -

The bad-loan prob­lem of pub­lic sec­tor banks seems to be blow­ing out of pro­por­tion. On Wed­nes­day, Pun­jab Na­tional Bank (PNB) re­ported a record Rs5,367.14-crore loss dur­ing the Jan­uary-March quar­ter — the high­est ever by any pub­lic sec­tor lender — due to a sharp rise in non­per­form­ing as­sets (NPAs). P13

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.