MoneyWorks4Me

PNB to sell three bad loan accounts to recover Rs 136 crore

06 Jul 2018 Evaluate

Punjab National Bank (PNB) has kept three bad loan accounts for sale to recover Rs 136 crore dues from the borrowers. The three accounts which are put to sale are Gwalior Jhansi Expressways having an outstanding of Rs 55 crore, SVS Buildcon Rs 50 crore and Shiva Texfabs Rs 31.06 crore.

The e-bidding process for the sale of the said accounts will happen on July 7, 2018.

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 991.10
PNB 116.60
Bank Of Baroda 234.50
Canara Bank 122.85
Union Bank Of India 177.60
View more..