Total losses of 21 PSBs in Q1 stand at Rs 16,615 crore

Aggregate losses for a clutch of 21 banks for the three months to June came in at Rs 16,614.52 crore, led by a massive loss of Rs 4,875 crore from State Bank of India (SBI) and Rs 940 crore from Punjab National Bank.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2PN7SUH