India’s second-largest public sector lender, Punjab National Bank (PNB), hopes to recover non-performing assets worth Rs.20,000 crore in the current financial year. The bank aims to perform this recovery through one-time settlements and the guidelines provided under the Insolvency and Bankruptcy Code (IBC). This recovery target is about 25% higher than the Rs.16,000 crore worth of bad loans recovered in the […]

The post Pnb Targets to Recover Bad Loans worth Rs.20,000 crore in FY2020 appeared first on BankBazaar News.