 "PNB, Punjab national bank")
Shares of Punjab National Bank (PNB) slipped 3 per cent to Rs 27.65 on the BSE in intra-day trade on Thursday in otherwise firm market, after the bank reported a fraud worth Rs 1,203 crore by Sintex Industries. The stock of state-owned lender was trading lower for the third straight day. It is close to its 52-week low price of Rs 26.30 touched on May 20, 2020. Sintex Industries, on the other hand, tanked 4.8 per cent on the BSE to Rs 1.99.
“The bank reporting of borrowal fraud of Rs 1203.26 crore in non-performing asset (NPA) account of
“The bank reporting of borrowal fraud of Rs 1203.26 crore in non-performing asset (NPA) account of
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