PNB Q4 loss narrows to Rs 4,750 cr; NPA declines
  • WebDesk BTVI
  • May 28 2019

PNB yesterday reported narrowing of its loss by nearly 65% to Rs 4,750 cr during Q4 of FY19. It had posted highest ever loss of Rs 13,417 cr in the corresponding Jan-Mar period of 2017-18, The bank's total income during the March quarter of FY19 rose to Rs 14,725.13 cr from Rs 12,945.68 cr in the year-ago period. Gross NPAs were brought down to 15.50% of gross advances at the end of March 2019, as against 18.38% at the end of March 2018.