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PNB puts 32 bad loans with outstanding exposure of Rs 1,176 crore on block

09 Oct 2017 Evaluate

Punjab National Bank (PNB) has put up assets worth as many as 32 bad loans, with outstanding loan exposure of Rs 1,176 crore, on the block. This step has been taken by the bank in an effort to bring down its NPAs. These non-performing assets (NPA) include Hanung Toys & Textiles, Harbs India, United Foods, and Harman Textile.

Punjab National Bank (PNB) is one of the oldest banks in India having a virtual presence in every important center of the country. The Bank caters to a wide variety of audience through spectrum of services including corporate and personal banking, industrial finance, agricultural finance and international finance.

Peers
Company Name CMP
State Bank Of India 940.40
PNB 116.05
Bank Of Baroda 235.00
Canara Bank 118.40
Union Bank Of India 172.65
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