Worst for PSBs over; ‘pain’ for couple of quarters okay, says Financial services secretary Rajiv Kumar

Scam-hit Punjab National Bank had posted a net loss of Rs 13,416.91 crore for the March quarter. In private sector, ICICI Bank last month reported halving of income in the quarter, while Axis Bank posted its first-ever loss.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2Lm97rE