Punjab & Sind Bank loss zooms to ₹ 2,375 crore in Q3 as provisions spike
Updated:
Updated:
February 06, 2021 21:53 IST
The lender had posted a net loss of ₹ 255.49 crore in the same period a year ago. In September quarter also, the bank had a loss of ₹ 401.27 crore.
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The lender had posted a net loss of ₹ 255.49 crore in the same period a year ago. In September quarter also, the bank had a loss of ₹ 401.27 crore.
Punjab & Sind Bank on Saturday said its net loss in December quarter 2020-21 spiralled to ₹ 2,375.53 crore on higher provisions for bad loans.
The lender had posted a net loss of ₹ 255.49 crore in the same period a year ago. In September quarter also, the bank had a loss of ₹ 401.27 crore.