Punjab National Bank has not only put its house in order but has also built enough insurance to protect against future risks. Graphic: Naveen Kumar Saini/MintA look at the various performance ratios of Punjab National Bank (PNB) for the December quarter would indicate that the lender deserves every penny of the Rs5,473 crore capital infusion it would get from the government. After all, India’s second-largest public sector lender has brought its gross bad loans to 12.11% from 13.7% a year ago. PNB saw its stock of gross bad loans slip 0.2% sequentially and 3.4% from a year ago. The challenge to rein in bad loans is still there and unfriendly markets are adding to the difficulty for the lender.

Source: Mint February 07, 2018 02:37 UTC