13000 cr. loss to Punjab Bank

 

The Punjab National Bank which has been licked like a candy by Nirav Modi has declared it’s quarterly report from Jan-Mar 2018. Though none expected the numbers to be attractive, PNB has shattered all the records to declare a loss of 13000 crore rupees. The major loss has come from the loans defaulted by Nirav Modi which stood at 7,178 crore. Ironically PNB is the country's second largest public sector lender and it’s ill health would certainly affect the nation.


 
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