Punjab National BankBSE 3.25 % ( PNBBSE 3.25 % ) on Wednesday reported a net loss of Rs 5,370 crore in the March quarter.
This was the biggest quarterly loss in India's bank history.
The lender had reported a net profit of Rs 307 crore in the corresponding quarter of last year. An ET Now poll of analyst had expected the lender to report a profit of Rs 81 crore for the quarter.
This was the biggest quarterly loss in India's bank history.
The lender had reported a net profit of Rs 307 crore in the corresponding quarter of last year. An ET Now poll of analyst had expected the lender to report a profit of Rs 81 crore for the quarter.
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