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PNB Q4 loss narrows to Rs 4,750 crore; NPAs dip

New Delhi: Punjab National Bank on Tuesday reported narrowing of its loss by nearly 65% to Rs 4,750 crore during the fourth quarter of fiscal ended March 2019 even after making adequate provisions towards the Nirav Modi fraud and non-performing assets (NPAs). The bank’s total income during the March quarter of 2018-19 rose to Rs 14,725.13 crore from Rs 12,945.68 crore in the year-ago period. PTI



from The Tribune http://bit.ly/2WA24E4
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PNB Q4 loss narrows to Rs 4,750 crore; NPAs dip PNB Q4 loss narrows to Rs 4,750 crore; NPAs dip Reviewed by Online News Services on May 30, 2019 Rating: 5

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