Bihar youth commits suicide as Punjab National Bank refuses to give loan

District police official Vidhassgar said police has begun an investigation from all angles

PNB, Punjab National Bank, bihar pnb
The logo of Punjab National Bank is seen on the facade of its office in Mumbai (Photo: Reuters)
IANS Patna
Last Updated : Mar 01 2018 | 9:35 PM IST

A youth allegedly committed suicide in Bihar's Supaul district on Thursday after he was refused a loan for his plastic factory by Punjab National Bank, police said.

ALSO READ: EMIs set to rise as SBI, PNB raise lending rates

Sanjay Mandal was said to be depressed after his loan application was rejected by officials of the PNB branch at Basbitti Road in Supaul.

District police official Vidhassgar said police has begun an investigation from all angles.

ALSO READ: PNB fraud: Gitanjali Gems tanks 5% as ED attaches Rs 12 bn assets of Choksi

Sanjay's neighbours told police he had repeatedly approached the PNB for the loan for his factory in his native village.

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First Published: Mar 01 2018 | 9:35 PM IST

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