Provisions more than halves: PNB back in black, logs Q1 profit of Rs 1,019 crore

Speaking to a television channel, Sunil Mehta, MD and CEO, said, “Our gross NPA numbers have been coming down sequentially. This particular quarter has seen the impact of a base effect as the denominator in June is smaller than that in March.”

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2K5Vygf