Sunday, 10 June 2018

PSBs suffer whopping Rs 87,000cr loss in FY18

Losses of public sector banks crossed a whopping Rs 87,300 crore in 2017-18 fiscal, topped by scam-tainted Punjab National Bank which took a hit of nearly Rs 12,283 crore. Of the 21 state-owned banks, only two banks, Indian Bank and Vijaya Bank, posted profits during 2017-18.

from Times of India https://ift.tt/2sW68h7
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