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Punjab National Bank Under-reported Bad Loans by Rs 2,617 Crore in FY19: RBI Report

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Based on the divergence assessed by RBI in provisioning for bad loans, PNB said it would have reported a net loss of Rs 11,335.90 crore for FY19 as opposed to a net loss of Rs 9,975.49 crore.

from Top Business News- News18.com
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Punjab National Bank Under-reported Bad Loans by Rs 2,617 Crore in FY19: RBI Report Punjab National Bank Under-reported Bad Loans by Rs 2,617 Crore in FY19: RBI Report Reviewed by Team Exprssnews on December 14, 2019 Rating: 5

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