To shun exposure to steel, textile till these turn around
Lender could raise Rs 6K cr via Basel-III bonds
Rs 5,367-crore quarterly loss highest by an Indian bank; loans of over Rs 30,000 crore put on watchlist; stock up 3 per cent
PNB Housing Finance, in which the bank currently holds 51%, is set to gor for an IPO later this year
Eleven companies, which owe the bank Rs 843 crore, are untraceable. Many of them have common directors and have repeatedly taken loans from the same branch
Thus far in 2016, the stock tanked 40% as compared to 10% decline in the Nifty 50 index.
PNB has subsidiaries like, PNB Housing Finance, PNB Gilts, and PNB Investment Services