Punjab National Bank not worried about bad loans
Punjab National Bank chairman had said earlier that bad loans had risen 0.48% of total loans in the December quarter from 0.39 the same time last year.
State-run Punjab National Bank is not too concerned about a jump in bad loans and can manage them, its chairman said on Wednesday. "I do not have any concern for the disproportionately increasing NPAs. Normal NPAs will happen," KV Kamath told a news conference, adding he had manageable surplus deposits. Punjab National Bank chairman had said earlier that bad loans had risen 0.48% of total loans in the December quarter from 0.39 the same time last year.