WebFor advances under Rs. 10 crores, it provides a straightforward route for NPA recovery. Willful default and fraud cases are excluded. ... Project Sashakt was proposed by a panel led by PNB chairman Sunil Mehta. bad loans of up to Rs. 50 crore will be managed at the bank level with a deadline of 90 days. for bad loans of Rs. 50-500 crore, banks ... WebAug 9, 2024 · NEW DELHI: PNB Housing Finance expects to manage its bad loans better from this month onwards, when the deadline of going soft on borrowers provided by the …
PNB reports another NPA scam of Rs 38 billion, after the
WebFeb 7, 2024 · PNB expects Rs 3,800 cr recovery from Bhushan Power resolution: CEO ... On the NPA situation, Rao said as the bank has already identified those accounts which otherwise could fall into NPA category and its bad asset numbers would have been different and has made provision accordingly, there won't be any change in its earlier stance of ... WebOct 3, 2024 · Punjab National Bank (PNB), the country’s second largest bank following merger of Oriental bank of Commerce and Union Bank of India, expects to recover about … dj5956-780
PNB expects to recover ₹ 32K cr of bad loans this FY - mint
WebAug 9, 2024 · PNB Housing Finance NPA: The company's gross non-performing assets (NPAs) jumped to six per cent of the gross advances (or Rs 3,625 crore) in the quarter ended June 30, 2024, from 2.7 per cent by the end of June 2024, mainly on account of the impact of the second wave of the pandemic. WebJun 7, 2024 · Recovery and upgrades should be at least Rs 8,000 cr for June 2024; of this the bank has already recovered Rs 3,000 cr and expects another Rs 5,000 cr by June end. However, NCLT resolution needs to be watched out as DHFL resolution is in the final stages and they received money from Bhushan Power in March. WebApr 13, 2024 · Punjab National Bank - Regulatory Regulation & Policies Internet Banking Regulatory Home Regulatory 1. Information/Disclosures in terms of Regulation 46 SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015. 2. Policy to determine materiality of events to be reported to stock exchanges in terms of SEBI (LODR) … cush plaza