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PNB could be labelled defaulter if it doesn’t pay Union Bank Rs 1,000 crore by 31 March

By
Lucky Jain
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(G.N.S) Dt. 26 New Delhi Indian banking sector, which is already reeling under frauds, might witness an unprecedented event, if Union Bank adds PNB in its defaulters’ list and decides to classify the amount as non-performing asset (NPA). The Punjab National Bank (PNB) could be labelled a defaulter if it

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