PNB declares ₹1,203-cr loan to Sintex Industries as fraud1 min read . Updated: 30 Sep 2020, 09:36 PM IST
Once an account is declared as fraud-hit, banks need to set aside 100% of outstanding loans as provisions either in one go or over four quarters
Mumbai: State-owned Punjab National Bank on Wednesday declared its exposure of ₹1,203.26 crore to Sintex Industries Ltd (SIL) as fraud.
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