Punjab & Sind Bank declares ITNL NPA account as fraud
Punjab & Sind Bank announced that NPA account viz. IL&FS Transportation Network (ITNL) with outstanding dues of Rs.149.98 crore has been declared as fraud and reported to RBI on 30 March 2021 as per regulatory requirement. Further, the account has been fully provided for as per existing RBI norms.
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First Published: Mar 30 2021 | 6:15 PM IST