Punjab National Bank (PNB) is expecting to restructure loans worth about Rs 40,000 crore as per RBI-approved guidelines, scheduled to be out soon. The Reserve Bank of India (RBI) had earlier this month allowed one-time restructuring of corporate and personal loans to help entities amid the COVID-19 crisis.
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.
