Why Banks May Prefer A Loan Fraud Over NPL? Race to Discover Loan Frauds Can Create Policy Paralysis
After the discovery of PNB (Punjab National Bank) loan fraud in mid-Feb, worth Rs114bn (now revised to Rs127bn), there is a spate of bad news...
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HDFC Bank – Granular NPL Data Worries
HDFC Bank Limited (HDFCB IN) reports substandard loans at INR57.2 billion in 3Q18. The increase QoQ is substantial at nearly INR5 billion. With...
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Hong Kong Monetary Authority–Blindsided by Indian Banks in HK - Could Increase Regulatory Scrutiny
As far as the Punjab National Bank (PNB IN) PNB is concerned, its financial statements have become unreliable now that allegations surrounding...
243 Views
State Bank of India – The Hits Just Keep On Coming
* Two Hits In Two Weeks: State Bank of India’s (SBIN.IN) [SBI] recent results announcement and Punjab National Bank’s (PNB.IN) [PNB] lending fraud...
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PNB Gives Away One-Third of Its Capital
A perfect storm is brewing and Punjab National Bank (PNB IN) is in its eye. Soon after the stock market opened on February 14. 2018, PNB issued a...
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