March 18, 2021

The listed toys and textile company

For the quarter ended June 2017, the gross NPAs in absolute term stood at Rs 5,77,207 crore, while the net NPAs were Rs 3,45,727 crore.65 crore to the consortium that extended the loan to Hanung Toys and Textile, as per public auction Wholesale Nylon Polyester stretch Factory notice put up by the bank. Assets owned by accounts would be e-auctioned on November 8, the notice said, adding auction would be conducted by Delhi zonal office.67 per cent of the net advances.The provisioning to cover bad loans also came down to Rs 2,559.New Delhi: State-owned Punjab National Bank (PNB) has put assets of as many as 32 bad loans with outstanding loan exposure of Rs 1,176 crore on the block in an effort to bring down its NPAs.67 crore parked aside in the June quarter of the previous fiscal.These non-performing assets (NPA), include Hanung Toys and Textile, Harbs India, United Foods, and Harman Textile.

Net NPAs came down, both yearly and sequentially, to 8.16 per cent and 7.The listed toys and textile company is the biggest defaulter in the list with consortium lending to the tune of Rs 2,960 crore.In percentage terms, the gross non-performing assets (NPAs) declined marginally to 13. PNB has a total exposure of Rs 771. However, on a sequential basis, gross NPAs increased from 12.. Net NPAs stood at 9.66 per cent of gross advances as on June 30, 2017 from 13.81 per cent as on June 30, 2016 and March 31, 2017, respectively.71 crore from Rs 3,165.75 per cent a year earlier.53 per cent as on March 31, 2017

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