alexa
Indianmoney.com Missed Call Number
 
Home News Punjab National Bank plans to sell bad loans worth Rs.1600 Crore

Read more interesting news from around the globe with Indianmoney App

Google Play
 
Get the Best Financial Advice on Loan Against SecurityClick Here
 
 
Punjab National Bank plans to sell bad loans worth Rs.1600 Crore

Punjab National Bank plans to sell bad loans worth Rs.1600 Crore

Wednesday, March 1, 2017, 8:34 PM

State-owned Punjab National is planning to sell assets worth Rs.1800 Crore to ARC's by month end.PNG MD Usha AnanthaSubramanian has informed that the bank has already made a recovery of Rs.1600 Crore by selling bad debts to Assets Reconstruction Companies's (ARC).During the Asset Quality Review of third quarter, the bank had made total cash recovery of Rs.937 Crore.
Read More

Learn to Save, Spend, Invest & Borrow Wisely with our Youtube Channel

Get It now!