RBI Allows PNB To Spread Losses Over Four Quarters
Pedestrians walk past an advertisement for Punjab National Bank (PNB) in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)  

RBI Allows PNB To Spread Losses Over Four Quarters

The Reserve Bank of India has accepted Punjab National Bank’s request to spread the losses incurred from the Rs 13,000-crore fraud over four quarters, a senior government official told BloombergQui...
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