Recovered Rs 20,000 crore from existing portfolios: LV Prabhakar, PNB
  • WebDesk BTVI
  • May 28 2019

LV Prabhakar, Executive Director at PNB, says the asset quality of the bank has improved in the Jan-March quarter of FY19 as opposed to the corresponding period in FY18. He says 88% of fresh addition is of high quality while they have recovered Rs 20,000 crore from existing portfolios in FY19. He says going forward, asset quality will improve further.